Major technology companies have been announcing their second quarter results. Facebook and Twitter have also declared their results. But there is a difference, as Facebook has been trading up almost 30% in the past year. On the other hand, Twitter has lost over 7% from a year ago and more than 33% from this year's April high.
Twitter's not so great performance could be due to factors like it is going through a transition phase, it has no permanent CEO and its user bar is also not increasing. However, such is not the case with Facebook, which has been showing great growth and its user base has been increasing exponentially.
Shares of Twitter Inc's fell over 11% in extended trade on Tuesday after the microblogging company revealed that its number of monthly average users grew at the slowest pace since it went public in 2013.
Jack Dorsey, who stepped in as interim chief executive on July 1, said on a call with analysts, that they are not at all satisfied with the results.
The microblogging company said that it had 304 million core users in the second quarter, up from 302 million in the prior quarter. Twitter's present situation to increase its audience worries investors, who are focused on the company's growth potential, and the latest figures did little to reassure them.
Last week, the internet erupted images and footage of Jorunnaparva, a sea slug that looks very similar to a furry bunny. The Verge said stated that the sea slug looks like ‘gooey candy bunnies’.
As per experts, the slug is one of a variety of marine animals known as nudibranchs, soft-bodied mollusks that shed their shells after they’ve passed through the larval stage of development.
The species has been earlier known to scientists but it gained popularity when a Twitter user Iwabuchi posted the images online.
The slugs grow just over an inch in length, and are typically found off the coasts of Japan and the Philippines. Other varieties of this group can be found in the Atlantic Ocean and around the coasts of Ireland.
After receiving complaints for an epilepsy group, Twitter has withdrawn two online advertisements on Friday. Epilepsy Action has said that Twitter’s ads were harmful for people living with photosensitive epilepsy.
Twitter has posted six-second ads through via. These ads were promoting Twitter’s #DiscoverMusic Campaign, a way to encourage new artists on the app. As per BBC News, the ads featured a ‘looping, rapid succession of flashing colors’.
Epilepsy Action's deputy chief executive Simon Wigglesworth has called the marketing dangerous. After seeing the ad, they tweeted and termed the ads to be ‘massively dangerous to people with photosensitive epilepsy’.
An epilepsy charity raised a concern that a brightly flashing Vine ad on Twitter could lead to produce seizures in people who have photo-sensitive epilepsy. The concern has been sorted out by Twitter and it has withdrawn the advertisement.
Epilepsy Action complained about the DiscoverMusic campaign, which aims to encourage artists, and has a six-second clip showing bright, flashing colors. The charity said the bright colors in the advertisement could be harmful for certain group of epilepsy patients.
Twitter has a great online presence. Its ad could lead to a serious problem, said the charity, which shared that flashing bright lights or patterns have been found to be common trigger of seizure attack. Before being pulled down, the ad has run for 18 hours.
According to a report, there will be storage challenges concerning genomic data and the problem will be bigger than what has been told by YouTube and Twitter. A team of scientists said that it is expected that between 100 million and 2 billion human genomes will be sequenced by 2025 and two to 40 exabytes of data storage will be needed for that.
According to Michael Schatz, a professor at Cold Spring Harbor Laboratory in New York and co-author of the study, the data challenge is among the most important issues related to biology. According to Schatz, "Scientists are really shocked at how far genomics has come. Big data scientists in astronomy and particle physics thought genomics had a trivial amount of data. But we're catching up and probably going to surpass them".
Time will reveal whether Jack Dorsey can replicate Success in Twitter that Steve Jobs had with AppleSubmitted by Amanda Lysak on Wed, 06/17/2015 - 15:35
The way Steve Jobs had turned out his career is exceptionally good. He has saved Apple at the time when it was in its darkest phase. No doubt, he inspires many business companies’ heads to return triumphantly to save their brands.
Seeing the situations taking place at Twitter, it can be said that Steve Jobs’ legacy can be applicable on Twitter. Dick Costolo, the chief executive of Twitter, announced his surprise exit. He has announced that he will resign by the year’s end, but he changed his plans and announced on Thursday that he will step down as of July 1.
Co-founder of twitter Jack Dorsey is following the footsteps of his Silicon Valley idol Steve Jobs, as he returns back to his job.
Dorsey, 38, on Thursday raised objections when asked during an interview whether he is interested in becoming Twitter's permanent CEO.
Dorsey in a reply said that the final decision is in hand of the search committee and they're going to look at internal and external candidates.
His return to the firm he helped create signals that Twitter is looking for a leader who can inspire confidence in the company's product vision, after a slew of leadership changes in the past five years, lowered its growth.
Dorsey's passion for Twitter, the social-media company which he helped start in 2006 with Evan Williams and Biz Stone, has been evident.
Search engine giant Google and social networking giant Twitter have renewed the partnership deal that ended in 2011.
The agreement would allow users to search tweets on their smart phones and tablets. This will give users the flexibility to search anything that is of their interest such as tweets by their favorite stars or news related to any event.
In a blog post, the company said, “Starting Tuesday, we are bringing Tweets to Google Search on mobile devices. You can find real-time content from Twitter right in the search results”.
The two firms had a similar arrangement dating back to 2009. However, tweets disappeared from Google search results in 2011.
With the new Twitter celebrity, enrapturing this social media platform, the Obama Twitter handle has yet another claimant.
On Monday, May 18, the US President, Barack Obama, sent in his first tweet using the account @POTUS. This 140 characters tweet marks the entry of another influential person around the world, into the popular social media platform.
It took six years before President Obama opened an account as President of the United States. His introductory post reads @POTUS; ‘Hello, Twitter! It's Barack. Really! Six years in, they're finally giving me my own account. —President Obama May 18, 2015’.
First Lady Michelle Obama herself, commented to the tweet, ‘It's about time, @POTUS!–mo —The First Lady (@FLOTUS) May 18, 2015’.
Another important update to Periscope has been released by Twitter; this has been done a month and a half after the launch of the live streaming app. Ability to sign up for Periscope by using a phone number in place of a Twitter account is considered to be one of the most important updates.
Periscope is still suggesting that users should sign up via Twitter. But if you don't connect to Twitter account or don't have one like some other people, you can sign up for Periscope by just entering your phone number and the verification code.
Shares of a business-oriented social networking service LinkedIn Corp. dropped 21% in after-hour trading on Thursday.
The company suffered a fall in their shares after it gave a disappointing outlook regarding its second quarter.
Twitter, the famous social networking site lost 23% of its value in this week till Thursday. The messaging service on Tuesday reported its revenue.
The outlook offered by Twitter saddened the market experts and its shareholder, as its outlook fell short of Wall Street's expectations.
In addition, the company's investors were upset when Twitter's earnings report came out inadvertently nearly an hour ahead of schedule.
The steep decline came at a time when the tech-heavy Nasdaq was going through a bad time. Nasdaq was down by 3% this week.
Credibility of Twitter chief executive officer, Dick Costolo, is at the risk as the CEO failed to forecast a slowdown that forced the online social networking service company to miss first-quarter revenue estimates of the analysts. After the company announced first quarter numbers, Twitter's stock declined by 18 percent.
In a note to investors, Mark Mahaney, an analyst at RBC Capital Markets, said, "Management will again have to address credibility concerns. The quarter's performance raises the question of how much visibility into advertiser and consumer demand for its offerings Twitter really has".
After rumors of acquisition of social network Twitter, the company stock gained nearly 4%. Earlier also, it was said that Twitter could be a target for acquisition. Some talked about the acquisition of the company by Google.
Twitter stock has gained over 46% for the year so far, moving slowly close to a 51-week high for the tech company.
On Tuesday, many shares of the company were trading hands on, and a volume of 30 million shares has been registered compared to the average of 18 million shares per day.
This year, there are options for growth of Twitter stock for April month. It has been suggested by the CBOE that Twitter is one of the firms whose options were increasing in volume in Tuesday market.
Twitter on Thursday launched a new application Periscope, a move that could dampen enthusiasm for the rising online star Meerkat, which offers a similar service.
The Periscope app is a streaming video application like Meerkat, allows anyone to stream live video to a wide audience with their Smartphone.
Twitter's Kevin Weil said in a blog post that the new app enables to share and experience live video from mobile phone and is also perfect complement to Twitter.
The team associated with development of the Periscope app outlined a range of possibilities for the service, including how it can turn any smartphone user into a global reporter.
Washington, Feb. 27 - Two loose llamas in Arizona recently became a trending topic on Twitter worldwide.
The chase began after a 911 call came in to the Maricopa County Sheriff's Office just before noon, reporting that a black llama and a white llama had escaped from an assisted living facility, the CNN reported.
The llama drama spawned an immediate Internet sensation and even a Tumblr page which included highlights like; "Alpacaclypse," "llow speed chase," and "Dali Llama."
Video of their breakout became a social media sensation and quickly inspired a Twitter account and several hashtags.
The runaway llamas were eventually lassoed and rounded-up by the authorities. In total, the chase lasted a little more than half an hour. (ANI)
Washington, Feb 18 : Twitter has come up with a new feature that lets users share team accounts without having to share passwords.
According to Tech Crunch, like a number of Twitter's power-user-focused features, the new Team tool is built into TweetDeck as opposed to the more standard Twitter client.
The new update is now available on the web/Chrome/Windows versions. (ANI)
Washington, Feb 10 : Social network site Twitter's latest government transparency report has revealed a worldwide increase in government information requests by up to 40 percent.
According to the Verge, the report does not list secret orders from the NSA and other US intelligence agencies.
Twitter refused to reach a compromise, saying that disclosing the numbers in wide range "seriously undermines" transparency.
The company has last year sued the US government over violation of First Amendment rights after receiving gag orders on intelligence requests like Foreign Intelligence Surveillance Court orders and national security letters. (ANI)
Washington, Jan 03 : Twitter is reportedly testing an improvised sign-up process that automatically fills a new user's timeline with tweets soon after they have created an account.
According to the Verge, Twitter announced plans to introduce this " Instant Timeline" last year, and now The New York Times reports that Twitter has started testing it out with a small number of people on Android .
The new sign-up process will make sure that users have something to read on signing up. (ANI)
Washington, Jan 30 : Twitter cofounders have come out in support of the social networking site's CEO Dick Costolo amid a series of criticisms of his performance by investors and analysts.
According to Mashable, Jack Dorsey, Twitter's cofounder and current CEO of Square, issued a lengthy tweetstorm on Thursday in which he praised the progress of the social network and offered a firm endorsement of Costolo's leadership.
Demonstrating its support for Costolo, Twitter later went on to promote Dorsey's tweets.
- Marathon Pharma to sell decades-old drug to treat DMD for $89,000
- FedEx Launches FedEx Fulfillment for Small Business to Compete with Amazon
- CDC updates 2017 advisory for recommended flu shots
- Coca-Cola Helped by Strong North American Demand but Company Issues Lackluster Future Guidance
- Women with dense breasts more likely to develop breast cancer: study