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What to expect for Twitter’s first-quarter results
Last quarter, Twitter’s user base (excluding SMS fast-followers) actually shrank — and this was a huge moment for the company. While there were whispers of peak Twitter circling for some time now, that looming theory was finally confirmed in the company’s fourth-quarter results. Twitter had gone from 307 million users to 305 million. Twitter, at one point a rocket-ship,… Read More
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Twitter Plans Changes To @Replies And Other Confusing Rules
Twitter can be an incredibly confusing service for new and existing users, and Twitter says it’s now planning to address some rules that might make it unwieldy. In the company’s letter to shareholders, the company said that changes were coming to rules like the @reply and the .@name syntax. We don’t know what that looks like just yet, but that the company plans to address… Read More
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Twitter’s User Growth Goes Nowhere As It Meets Revenue Expectations Of $710M
Twitter today reported its fourth-quarter earnings — one of the most important quarters of the company’s history — and basically fell flat on its face. Twitter’s monthly active user growth, on a quarterly basis, was flat, compared to a slight jump that what analysts were expecting. Last quarter, the company had 320 million monthly active users, and this quarter was… Read More
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Jack Dorsey Thinks Adding More Text To Tweets Is A Swell Idea
As you know, reports are surfacing about Twitter’s interest in potentially monkeying around with the number of characters you can tweet…or share along with a tweet. 5,000? 10,000? Well, certainly more than the current 140 characters. As the day went on, Twitter’s stock hit an all-time low ($21.89) on the news that this change might be coming along, and its CEO Jack Dorsey took… Read More
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Twitter’s Fiscal 2015: Up, Flat, And Down
Twitter did not have a lovely 2015. The world-famous social company saw its revenue rise, its usage flatten, and its share price fall. The company failed to change the arc of its own narrative during the year: Strong financial performance, but continued failure to grow its user base, the latter of which the market appears to weight more strongly. It brought in a new CEO to turn things… Read More
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Twitter Is Monkeying Around With The Order Of Tweets In Your Timeline
I’ve been told by insiders at Twitter that “nothing is sacred” when it comes to making Twitter “easier to use” and ready to onboard the next few hundred million users that Twitter needs to be a powerhouse in media. The latest tweaks and horsing around have to do with the order of tweets you see in your timeline.
The hallmark of Twitter has been the reverse… Read More
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Dorsey: “Twitter Is Getting Easier To Use Every Single Week,” TV Ad To Premiere During World Series
During Twitter’s Q3 earnings call, CEO Jack Dorsey was joined by COO Adam Bain and CFO Anthony Noto. The call was broadcasted live on Periscope for the second straight time. Growth didn’t appease Wall Street, but it’s early days for some of Twitter’s latest product changes, including Moments and Polls. The company continues to tout the over billion people who are… Read More
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Twitter Sputters To 320M Monthly Active Users, Stock Drops Over 10% After Hours
The all-important topic for Twitter, and the one that Wall Street is eyeing the closest, is whether the company can scrounge up some new users to join the service. Yep, growth. This quarter last year, the company reported 284 million monthly active users. Wasn’t pretty. Last quarter the company reported 316 million active users to which then-interim-CEO Jack Dorsey said “we are… Read More
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Does Wall Street Like What It’s Hearing From Twitter (Again)?
This has been quite a few past couple of weeks for Twitter, with a new CEO, a renewed double-down promise to developers, love to its employees (after some “tough love” by way of layoffs), Ballmer being in for 4 percent…and more.
The street agrees, with Twitter stock jumping up 5 percent today. Read More
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Jack Dorsey Owns 24.4% of Square
Square’s newly revealed IPO filing shows that co-founder and CEO Jack Dorsey is the largest shareholder, owning 24.4% of the company. Square last raised capital at a $6 billion valuation, implying that Dorsey’s stake is worth at least $1.46 billion. We will get a better sense of what Square’s value as a public company when its expected share price range is revealed in the… Read More
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