Twitter’s Ad-Business Troubles Weigh on Revenue Growth

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Roku is buying ad tech company Dataxu in $150 million dealDataxu will boost Roku's advertising business.
Source: CNBC - 🏆 12. / 72 Read more »