Tuesday November 03, 2015

The Decay of Twitter

This headline makes it sound as though this is something unexpected. Has the business side of Twitter ever NOT been in a state of decay?

On Tuesday, Twitter Inc. announced another dreary set of quarterly earnings. While the company beat investor expectations, it’s still running at a loss of $132 million after taxes. Its fourth-quarter projections seem low. Worst of all, its namesake product has essentially failed to add any active American users in 2015. Twitter stock fell more than 10 percent after the announcement.

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