Thursday August 11, 2016

Twitter Denies #SaveTwitter Rumors Of Shutting Down In 2017

Obviously Twitter is going to deny rumors like this but the writing is on the wall. You can't post massive losses every year forever, eventually you are going to have to post a profit or you will go bankrupt. I'm actually surprised that Twitter has lasted this long with the amount of money it loses every year.

Twitter Inc denied on Thursday rumours that the social media messaging service will be shutting down in 2017, denouncing the claim as groundless. "There is absolutely no truth to the claims whatsoever," a spokesman for Twitter said in an emailed response to a Reuters request for comment.