Twitter users up but revenues hit due to coronavirus
Earlier this year, Twitter provided analysts with its financial guidance for the first quarter of 2020, predicting revenue of between $825m and $885m, and operating income between $0m and $30m. Yesterday, though, Twitter withdrew...
March 24, 2020
Twitter is getting its ‘stories’ with new fleets feature
“Sharing your thoughts publicly can be intimidating!” tweeted Twitter’s product lead Kayvon Beykpour yesterday. No, this wasn’t a precursor to announcing new measures to crack down on the kind of users who can make...
March 5, 2020
Facebook and Twitter pull out of SXSW due to coronavirus
We reported yesterday on what the coronavirus outbreak might mean for June’s Midem music industry conference: presently, it means sharing Cannes with 23,000 real-estate folk due to the postponement of that industry’s...
March 3, 2020
Twitter quarterly revenues top $1bn for the first time
A symbolic moment for Twitter almost 14 years after its founding: for the first time, its quarterly revenues surpassed $1bn ($1.01bn, to be precise, an increase of 11% year-on-year). The company’s share price rose on...
February 7, 2020
Twitter wants to make a ‘decentralised standard for social media’
If you’ve read any of the long-form articles (or the book) about Twitter’s history, you might have formed the opinion that CEO Jack Dorsey is good at Big Ideas, but not always quite as good at the details. With that in...
December 12, 2019
BTS Army’s latest battle was with… the World Record Egg
Yesterday, Twitter announced that the most-retweeted tweet of 2019 was January’s ‘World Record Egg’ – an attempt to break the previous retweets record with a photo of an egg. According to Twitter, the egg beat a...
December 10, 2019
Twitter launches feature for people to follow ‘topics’
Early next week, there’ll be a new way for Twitter users to keep up with the subjects they’re interested in. It’s a new feature called ‘topics’ which launches on 13 July, and it involves following...
November 7, 2019
Twitter ups pressure on Facebook by banning all political ads
Facebook has been under pressure over its policy on political advertising: and specifically, on its policy of not taking down ads by politicians even if they include outright lies. Yesterday, Twitter upped the pressure on...
October 31, 2019
Twitter users up 17% but company misses analysts’ revenue forecasts
Twitter is the latest social network (see also: Snapchat) to see its share-price hit after quarterly financials that didn’t shape up to analysts’ expectations. Twitter’s ‘monetisable daily active users’ (mDAUs,...
October 25, 2019
Peering inside Music Twitter
Pitchfork has a long feature on the impact that Twitter has had on music (and vice versa) and it’s heavy on the social repercussions and controversy caused when acts take control of their own communication. The tone is...
October 15, 2019
Twitter revenues and daily users are both up year-on-year
It’s clearly the month for better-than-expected financial results for social apps previously thought to be on the slide. First we had Snapchat’s impressive figures for the second quarter of 2019, revealing that it now...
July 29, 2019
Takedowns amp up the pressure on Twitter over music-licensing
A complaint from a musician about Twitter taking down a clip he posted of himself playing Elton John’s ‘Crocodile Rock’ turns out to have a bigger significance. Scott Bradlee of the group Postmodern Jukebox actually...
May 17, 2019