Q3 financials overload: Facebook, Amazon, Twitter…
It wasn't just Alphabet, Spotify and Apple publishing their latest financial results yesterday: Facebook, Amazon and Twitter were at it too. Here's a precis of the key figures. Facebook's revenues grew by 22% year-on-year...
October 30, 2020
Twitter analysis suggests 10% of users publish 92% of all tweets
The latest study from the Pew Research Center focuses on differences in how Democrats and Republicans in the US behave on Twitter. Surprise! Democrats are more likely to be following Barack Obama while Republicans are...
October 16, 2020
Cardi B and Megan Thee Stallion give away $1m on Twitter
Generally, if we see a celebrity giving away money on Twitter, we assume they’ve been hacked and it’s a scam (and pro tip: if Elon Musk is giving away bitcoin, it’s NEVER the real Elon Musk…) But here’s the exception...
August 20, 2020
Wiley’s antisemitic tweets spark 48-hour Twitter walkout
British artist Wiley had something of a meltdown on social media on Friday and Saturday, posting a series of antisemitic tweets and Instagram videos over a period of several hours. Eventually his account on Twitter was...
July 27, 2020
Twitter in ‘very early’ phase of exploring subscriptions
The key Covid-19 trends for social media seem clear: spikes in users and engagement (because lots more people are at home doomscrolling through their feeds) but big challenges to ad revenues, with brands holding back their...
July 24, 2020
Twitter hack by bitcoin scam compromised verified accounts
Joe Biden, Kim Kardashian West, Bill Gates, Barack Obama, Jeff Bezos, Elon Musk, Wiz Khalifa and Apple’s official Twitter account all had a message for followers last night: to send them bitcoin, and because they were...
July 16, 2020
Twitter adds voice posts: ‘Sometimes 280 characters aren’t enough’
People in Silicon Valley have been getting hot under the collar recently about an app called Clubhouse, which is based on people recording and uploading voice messages. Now there’s more good news for people who love...
June 18, 2020
Twitter Q1 revenues rise 3% as daily users grow by 24%
Twitter is the latest tech company to publish its results for Q1 2020, revealing that its quarterly revenues grew by 3% year-on-year to $808m, with a similar “strong start to the quarter that was impacted by widespread...
May 1, 2020
Today’s positive coronavirus-related industry stories (14 April)
Start today with the news that the Australian government has provided $10m of funding to music industry charity Support Act, which will be used to provide crisis relief to artists, crew and other music workers, as well as...
April 14, 2020
Today’s positive coronavirus-related industry stories (8 April)
We’ve broken the big positive story out as our lead today, but there are other good things to report on too. Variety has a report on how ticketed-livestreams platform StageIt is growing during the pandemic: it made $884k...
April 8, 2020
L Devine’s digital ‘URL Tour’ helped her sell out of merch
One of the most inventive approaches to livestreaming so far this year came from British artist L Devine, who went on an online-only ‘URL Tour’ when a planned physical tour was cancelled due to the coronavirus pandemic. Instead...
April 3, 2020
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