Twitter has over 300 million users, but is still losing money

"In the fast-moving world of social media, Twitter can be considered something of an old-timer; after all, it just turned nine years old this past March. Yet, in many ways, it's still struggling to find itself. Twitter has just reported its first quarter earnings report -- which was incidentally published early due to an unintentional leak -- and while it shows respectable user growth numbers, the company is still very much under water. The social media firm now boasts 302 million users, which is up 18 percent from this time last year and is a good 14 million increase from the previous quarter. Revenue for Q1 was $436 million, which is a decent 74% increase year-over-year, but is still below the $440 million forecast. And yes, the company is still not profitable, recording a net loss of $162 million for the first three months of 2015."

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Airlines abandon Twitter customer service amid high API fees

Airlines, Air France, KLM, and Ryanair no longer offer customer service support using Twitter's direct message functionality.

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According to Elon Musk, writing essays will soon be possible on Twitter

Also read: This full length article provides briefing about virtual data room for startup. You too can contact if you are new at your business.

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437d ago

Elon Musk says Twitter will get new changes to its UI in Feb 2023

Elon Musk has recently declared that Twitter is going to roll out the latest changes to its user interface in order to give a better experience to users.

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