Bank of England analysts believe Twitter could help predict a bank run, early signs of unemployment data and market movements August 18, 2015 Bank of England analysts believe Twitter and other social media give “much potential for central banks” to predict market movements, indicate unemployment data ahead of time and even give signs of an impending bank run. In the run-up to the Scottish independence referendum a team of analysts and IT experts within the BoE built [...]
Twitter drops 140 character limit on direct messages August 13, 2015 Behold, social media fans: a revolution has taken place, after Twitter announced plans to scrap its 140-character limit. Well, on direct messages, anyway… Read more: Jack Dorsey just bought $875,000 of Twitter shares Yep: in a blog post last night, Sachin Agarwal, a product manager at the company, confirmed Twitterers can now "chat on (and on)" [...]
Twitter’s share price jumps as co-founder Jack Dorsey buys $875,000-worth of Twitter shares August 10, 2015 Twitter's share price has leaped this afternoon as it emerged that co-founder Jack Dorsey acquired nearly 32,000 shares in the social media giant last week. On Friday Dorsey, who is interim chief executive and chairman, bought 31,627 shares in the company he set up, according to SEC filings. Director Peter Currie also bought several [...]
Fears escalate over tumbling Twitter stock August 7, 2015 SHARES in Twitter continued their downward spiral yesterday, underscoring investors’ mounting concerns over the social media giant’s future. The company’s shares closed down 3.23 per cent, at $27.55 per share – edging ever-closer towards their 2013 initial public offering (IPO) price of $26 per share. Twitter stock has plummeted more than 25 per cent since [...]
Twitter share price swoops lower and edges closer towards IPO price August 6, 2015 Twitter shares have closed 3.27 per cent down at $27.55 after having fallen more than four per cent, touching a new record intraday low of $27.29 per share in Thursday trading, hot on the heels of record low close of $28.48 per share yesterday. The social network's share price is edging ever closer towards its [...]
August 2015 TfL Tube strike travel advice and updates: These are the Twitter accounts with the latest news on buses, DLR, London Overground, Trams and roads in London August 4, 2015 The Tube strike is expected to cause rush hour misery as millions of Londoners attempt to make their way around the city using alternative routes on Wednesday and Thursday, while others are likely planning to avoid the capital altogether. All Tube lines will be suspended, while other public transport and roads will be more congested, and [...]
Twitter shares plummet 5.7 per cent to close at record low August 3, 2015 Shares in Twitter have closed at a record low after tanking 5.7 per cent to $29.27 amid concerns about the prospects for the social media platform's growth. Since their peak in January 2014 when investors were excited about the potential for growth at the newly public social media company, Twitter shares have fallen 58 per [...]
Twitter share price plucked on user growth worries wiping billions from value July 29, 2015 Twitter investors must be spitting feathers. Shares in the social network have swooped 13 per cent lower, wiping several billion from the company's market value, after reporting muted growth in user numbers. “Monthly users grew only 0.7 per cent sequentially to 304m, while US monthly users remained at 65m, showing no growth. Annually, global users [...]
European Central Bank says Twitter can predict which direction stocks are heading July 29, 2015 Market mavens should keep an eye on Twitter if they want to know which direction their stock picks are heading, or at least that's what recently published research conducted by the European Central Bank has found. Researchers crunched over 310,000 tweets between 2010 and 2012 containing the words "bullish" or "bearish" – because these are generally used [...]
Twitter share price jumps as second quarter results smash expectations July 28, 2015 Twitter's second-quarter earnings cheered investors and shed a positive light on Jack Dorsey's future as chief executive. The figures During the three months ended June, the social media company's revenue was $502m (£322m) and its earnings-per-share were $0.07. Both these figures beat market expectations by a considerable distance, with analysts having predicted a revenue [...]