Twitter’s Ad-Business Troubles Weigh on Revenue Growth

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Twitter’s revenue and profit fell short of Wall Street expectations despite efforts to grow its user base

Twitter Inc. added more users in the latest quarter but said its pace of revenue growth slowed sharply because of technical bugs that hurt its advertising business.

Shares plunged roughly 20% in premarket trading Thursday as revenue and profit in the third quarter fell short of Wall Street expectations and the company’s outlook for the current quarter trailed analysts’ forecasts.

 

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10% of users post 80% of the tweets. The 22% of American adults that use it lean Left. This creates an unbearable echo chamber for MOST people. If you disagree with the popular view on things, you risk being 'canceled'. Just my two cents FWIW.

The partisan attitude of twitter towards tweeters will have an adverse effect on its reputation.

Twitter might I suggest a 1000% increase in funds allocated to internal meme and GIF creation, Netflix style 😉 - a Consultant who loves memes and GIFs PS: Dibs royalties. No takebacks

Do bots count as a user base?

'Effort to grow its user base'? I've never seen a platform so hell-bent on PREVENTING people from using it. Say the wrong thing and you're banned, get reported enough and you're banned. Insult someone the wrong way and you're condescendingly suspended for a week. It's pathetic.

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 /  🏆 98. in CO

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