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Twitter user growth hits record highs but bottom line turns to loss in Q1

2020-04-30 14:12:00| Telecompaper Headlines

(Telecompaper) Twitter lifted daily user numbers by almost a quarter in Q1 but reported results under expectations, impacted by the coronavirus pandemic. Revenues for the quarter rose 3 percent year-on-year to USD 808 million, reflecting a strong start to the quarter and later heavy hit by the covid-19 virus. Twitter said reduced expenses partially offset the revenue shortfall, resulting in an operating loss of USD 7 million, against a profit of 94 million the year before. The net loss went to USD 8 million, with a diluted loss per share of USD 0.07, from a profit of 191 million and 0.25 per share.

Tags: user line record loss

 

Twitter Turns Off Ads for VIP Users

2016-01-27 02:04:22| PC Magazine Software Product Guide

But it's still displaying ads for everyone else.

Tags: users ads vip turns

 
 

NYPD Twitter Campaign Turns Ugly

2014-04-23 23:35:12| PC Magazine Software Product Guide

A New York Police Department campaign to engage the public on Twitter via the #myNYPD hashtag backfired in a big way.

Tags: campaign turns ugly twitter

 

Twitter turns to open source to prevent service disruptions

2013-10-21 18:18:14| InfoWorld: Top News

To prevent disruptions and scale up its service while keeping costs down, Twitter has had to drastically change its core infrastructure, taking up open source tools while doing so.

Tags: service open source open source

 

U.S. government turns to Tumblr, Twitter for new intelligence transparency drive

2013-08-22 14:00:57| InfoWorld: Top News

In response to the leaks from former NSA-worker Edward Snowden, President Obama swore to preserve the sprawling data collection programs, but he also vowed to make a number of reforms, including making government's activities more transparent.

Tags: drive government intelligence turns

 

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