Twitter share price soars as company reveals 24pc rise in monthly users July 29, 2014 Shares in Twitter rose a whopping 35 per cent in after-hours trading late last night, after the company announced its second quarter results in America. The social media giant, whose shares have been struggling in recent months, revealed a 24 per cent increase in monthly users, but a widening loss of $145m (£86m) during the three [...]
Twitter reports net loss but growth in users July 29, 2014 Twitter has reported a net loss of $145m (£86m) in its second-quarter earnings for the three months to June. The social micro-blogging platform's loss was three times larger than for the equivalent period in 2013. However, shares went up by over 26 per cent following the news because Twitter also reported that it [...]
Twitter upgrades its direct messaging service, but is it preparing for a battle against WhatsApp? July 21, 2014 Twitter looks like it is preparing a serious bid to take on Facebook-owned WhatsApp in the battle of the messaging apps. The social network is improving the features that its direct messaging tool offers, the company said in a tweet today, a sign that it was attempting to enhance its status as a chat application. [...]
Germany’s thrashing of Brazil smashes Twitter records July 9, 2014 Germany's ruthless 7-1 semi-final demolition of tournament hosts Brazil had records tumbling – both on and off the pitch. The thrashing was Brazil's heaviest ever defeat, eclipsing a 6-0 loss at the hands of Uruguay in 1920 as well as being the side's first defeat at home in a competitive fixture in 39 years. Perhaps unsurprisingly, [...]
Ex-Barclays boss Bob Diamond joins Twitter July 7, 2014 Bob Diamond, the former boss of Barclays bank, has joined Twitter using the name @rediamondjr. The ex-Barclays chief, who departed the bank in 2012 amid the Libor scandal, has yet to tweet but is already following three people. Perhaps wanting to build a better relationship with the media that lay much of the blame for [...]
Is Google down? Searchers turn to Twitter to express shock after server outage July 4, 2014 Google appeared to be down this morning, with many users experiencing a 500 error. It means a generic error suggesting a problem with the website's server and is shown to users when a more specific error can't be found. Twitter users turned to the social network to air their surprise and shock. It's extremely rare for [...]
Tim Howard can solve US national debt problem: Twitter reacts to new US hero July 2, 2014 The USA's World Cup hopes may have ended last night with a heartbreaking defeat at the hands of Belgium, but a new hero was born. Tim Howard, the US national team goalkeeper kept his team in the match for long periods with an impressive display of shot-stopping, denying the Belgian forwards again and again as [...]
Twitter hires its IPO banker July 1, 2014 Twitter yesterday announced the appointment of former Goldman Sachs banker Anthony Noto as its new chief financial officer. Noto, who played a key role in driving forward Twitter’s flotation last year, joins the team just as the social media platform is struggling to add new users. Its share price that has plunged around 40 per [...]
Twitter recruits former Goldman Sachs banker Anthony Noto as finance chief July 1, 2014 Anthony Noto, the former Goldman Sachs banker who worked on Twitter’s IPO, has been recruited as the social network’s chief financial officer. The 46 year-old replaces Mike Gupta, who becomes senior vice president of strategic investments in a reshuffle designed to allay fears caused by a slowdown in user growth. Both execs announced their moves [...]
Twitter turned down $500m offer from Facebook June 23, 2014 One of Twitter’s founders has revealed how the fledgling company turned down an offer from Facebook to buy the company for $500m. Speaking to Sky News, Biz Stone said that a meeting between himself, co-founder Ev Williams, and Facebook founder Mark Zuckerberg, resulted in an offer being made for the then startup. Stone said the [...]