Twitter

Twitter faces an existential crisis

Twitter has announced its quarterly earnings and while the numbers were a bit better than expected Twitter now has to work out what the point of it is.

Nobody wants to buy Twitter

Twitter has always been recognized as one of the pioneers of social media, but its woes have stretched into another week as Salesforce drops out of the acquisition race.

Surely Verizon won’t buy Twitter too

A little bird told us Twitter has been on the receiving end of several bids from some of the worlds’ largest tech companies, including the increasingly acquisitive Verizon.

Twitter backs video and live-broadcasting for future ad growth

Twitter has stated it will prioritize video and live-broadcasting in an effort to achieve re-acceleration in the advertising business. While team demonstrated healthy year-on-year growth for advertising revenues, totalling $535 million, an increase of 18% across the quarter, demand for the solutions has slowed. This is due in part to the success of the company […]

Twitter Audio cards set to shake up mobile music

Twitter and SoundCloud have teamed up to bring music to tweeters through Audio Cards, a feature that allows streaming audio and podcasts to the social network’s Android and iOS apps. The app, which is already present in iTunes and SoundCloud, works by a single tap and listeners can continue to use Twitter while streaming.

Twitter builds commerce model with CardSpring buy

Social network Twitter has acquired payments infrastructure firm CardSpring for an undisclosed sum. The San Francisco-based startup develops a web service API that makes it easy for payment companies and point-of-sale vendors to work with developers to create card-linked services.

Twitter loses COO

Social media platform Twitter said Friday that Ali Rowghani has resigned from his position as Chief Operating Officer. The company did not give a reason for the departure but it is thought that investors were disappointed with Rowghani’s failure to grow user numbers significantly.

Twitter losses grow to $132m

Social media darling Twitter reported a net loss of $132m for the first quarter of 2014, up considerably from the $27m loss for the same period last year. Revenues for the same period jumped over 119 per cent however, to $250m, versus $114m a year ago.

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