Facebook’s well publicised initial public offering (IPO) transition has had it is ups and downs. But as Twitter files for IPO, will they be able to avoid the mistakes Facebook have made?

Here Shelley Martin of PR agency, Neo PR discusses what the move means for Twitter's biggest competitor, Facebook, as well as the businesses and PR agencies that use it

Facebook and Twitter are obvious rivals and with Twitter moving to their IPO, both companies will be competing even more publicly. The competition between the two is also hotting up in terms of the advertising with both companies growing their sites advertising functionality.

Facebook only last month increased the size of the images that can be included within their adverts and are aiming to increase ad clicks, with users now able to click on any part of an advert to reach an advertiser’s website opposed to the previous hyperlink method. Whereas an ex-Facebook executive was quoted saying that Twitter’s s $350 million acquisition of mobile ad company MoPub makes Twitter a superior product, potentially in terms of mobile advertising, so the war rages on.