Original: In October 2006, Biz Stone, Evan Williams, Dorsey, and other members of Odeo formed Obvious Corporation and acquired Odeo and all of its assets-including Odeo.com and Twitter.com-from the investors and shareholders.
Simplified: In October 2006, Biz Stone, Evan Williams, Dorsey, and other members of Odeo started a new company called Obvious Corporation. Obvious Corporation bought Odeo and all of its propertyâ "including Odeo.com and Twitter.com â" from the investors and shareholders.