Monday April 6, 2020

Media Blog: Ten years old in July, Twitter is in trouble

The social network has not yet turned a profit and has other problems, writes Colette Sexton

2nd August, 2016
4
Twitter is 10 years old

If you talk to anyone working in Twitter, they will smile and tell you that they are confident in its future. That it has a strong business model. That people don’t understand its success, and therefore they dismiss it.

Last week, its shares crashed as it revealed a second-quarter loss of $106 million (€95 million) and warned that growth would slow significantly in the coming months. It has 313 million monthly users, an...

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