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
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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