Friday, August 17, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
More Affordable, 13-inch MacBook and $160 AirPower Expected at Apple's Event
Google to Launch Its Own Smart Display, Report Says
Nvidia Reports Record Revenue From Datacenter, Gaming, Professional Visualization, Automotive
Arm Client CPU Roadmap Includes Advanced Hercules and Deimos Chips
Google To Release Lightweight Version of Android Pie for Entry-level Smartphones
Japan Accuses Apple of Pressuring Game Rivals: Nikkei
Intel Introduces New NUC Kits and NUC Mini PCs
Samsung Exynos Modem 5100 Is the First 5G Modem Fully Compliant with 3GPP Standards
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Twitter...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 08, 2018
Twitter Posts Profit, But User Base Growth is Still Slow


Twitter reported gain in revenue driven by improvements to its app and added video content has attracted more advertisers to the social network.

Twitter said that its fourth-quarter net income was $91.1 million. The
company's per-share profit was 12, or 19 cents when adjusted for one-time gains and costs. Revenue was at $731.6 million.

Twitter also reported $87 million from data licensing and other revenue, up 10 percent from a year earlier, while advertising revenue rose 1 percent to $644 million.

This is the first time the company posts a real profit, a milestone in Chief Executive Officer Jack Dorsey's turnaround effort. However, Twitter's monthly active users were little changed from the prior quarter at 330 million, with the company to explain that it was due to efforts to reduce spam, malicious activity and fake accounts. In addition, Twitter usage was hurt by seasonal weakness and a change that Apple made to its Safari web browser that reduced the tally of users by 2 million.

Twitter has been focusing on video and has also changed its algorithms to shows users the most relevant postings first. The company has also
doubled the number of characters allowed in each tweet in most languages, from 140 to 280, and tried to limit the harassment of women and minorities on the site. Twitter has also struck deals with media companies for live news and entertainment shows.

Rival Facebook has 2.1 billion monthly users, while Snapchat has 187 million daily users.

Twitter, along with the social media sector, are facing a regulatory backlash in Europe and the United States over privacy, addiction to the medium, hate speech and alleged abuse of social media by Russia to sway foreign elections.

Twitter last month said it suspended 3,814 accounts linked to a Kremlin troll farm, and notified approximately 1.4 million people that they interacted with Twitter accounts potentially connected to a propaganda effort by a Russian government-linked organization.

Facebook has recently decided to shift its news feed toward content from family and friends and to focus less on posts from media outlets and businesses. The change could help Twitter, as publishers and online advertisers could further increase their spendings on Twitter.



Previous
Next
Qualcomm Lists Carrier and Smartphone Makers that Will Use its 5G Chips in 2019        All News        Intel Releases Spectre Microcode Update for Skylake Chips
Qualcomm Board Rejects Revised Broadcom Proposal     General Computing News      Amazon Begins Grocery Delivery to Prime Members

Get RSS feed Easy Print E-Mail this Message

Related News
Twitter Reports Revenue But Monthly Usage Falls
Twitter, Facebook, Alphabet to Testify at U.S. House hearing
Twitter Targets Fake Accounts
Facebook, Twitter Release New Tools to Track Advertising
Twitter to Tackle Abuse and Malicious Bots
Updated Twitter App Highlights Big events, News Stories
Twitter and Facebook Reveal Measures to Bring Transparency to Political Ads
Twitter to Reduce Disruptive Accounts
Twitter Urges 330 million Users to Change Passwords After Internal Leak
Twitter Increases User Base, Ad Revenue
Social Networks Have One Hour to Remove Online Terrorist Content, Europe Says
Twitter Makes it Easier to Save and Share Tweets

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .