losangelesnewstoday.com
losangelesnewstoday.com June 24, 2017


Twitter reports increase in monthly active users

27 April 2017, 02:14 | Maryann Sutton

Donald TrumpImage AP REX Shutterstock

Donald Trump

NEW YORK (AP) — You'd think Twitter would be able to milk its status as President Donald Trump's megaphone.

The company said monthly users - a key statistic for social media companies - grew by 6pc in the first quarter of the year, the fastest for two years. By contrast, Facebook has 1.89 billion and Facebook-owned Instagram has 600 million monthly users as of December, the latest available.

There may have simply been a delay.

Twitter's Q1 revenue totaled $548 million, down 8% year-over-year. Video was Twitter's best performing ad format in Q1.

Twitter has finally broken out of its negative earnings cycle with signs that its user numbers are on the rise.

"There also is some evidence that we've benefitted from our new and resurrected users following more news and political accounts in Q1, particularly in the USA", he said.

Twitter said it still expects revenue growth to lag audience growth in the rest of the year and it was clear it had more work to do on boosting sales.

Apple Wants To Make Your iPhone A Lot More Eco-Friendly
Liam, the name for Apple's robotic disassembly and recycling system, will help with that, the company said. The company is looking to recover cobalt from lithium-ion batteries used in the phones, the report stated.

At the same time, Twitter has enjoyed even greater relevant thanks to Trump, who continues to use his personal account to put his political opponents in the hot seat and bash media outlets.

In an April 26 statement, Twitter CEO and co-founder Jack Dorsey acknowledged the company's challenges but remained optimistic about its long-term health.

But Twitter says it was a result of changes it has made to the way it displays a user's timeline, such as showing tweets a user may have missed, instead of displaying them chronologically.

Year-over-year, average monthly active users jumped 6% from 319 million to 328 million, during the first quarter. "We've received positive early feedback from our ad partners as we highlight the improved return on investment from our audience growth and better pricing".

So is this the new norm? Recode postulates that the engagement he brought could potentially be the reason Twitter's growth.

User growth in Q1 may have been strong, but Twitter has rigorous plans to continue growth.

The good news helped push Twitter's stock (twtr) up by more than 11% on Wednesday following the report, the largest increase since the company was the subject of takeover speculation in October.



Other News

Trending Now

'The Fate of the Furious' laps new films at box office
And given the film's A- score on CinemaScore, it seems to have succeeded in doing so. As for the week's other major releases, they all performed poorly.

Accra joins Global 'March for Science' Campaign
Generally, people seem to think the march is to support science as a discipline, which is certainly part of it. But now evidence-based research is under attack to a stunning degree.

New Moto X (2017) with 4GB RAM leaked
It is powered by the Snapdragon 430 chipset and offers 16 GB of storage, which can be expanded with an additional 128 GB. The USB Type-C port and speaker grille are at the lower end of the phone while the 3.5mm audio jack is on the top.

Nasdaq hits 6000 for 1st time as United States stocks rise again
US equities rose sharply on Tuesday as solid quarterly reports from several large-cap companies rolled through. Le Pen and Macron are set to face off in a May 7 runoff, with Macron holding a sizable lead in early polling.

Senate Overwhelmingly Confirms Perdue as Agriculture Secretary
Perdue's home state of Georgia accounted for just 2 percent of total USA agriculture exports in 2015. "I'm pleased that the U.S. The Senate on Monday approved the latest member of President Donald Trump's cabinet, sending former Georgia Republican Gov.

Messi Speaks: Barcelona to Overthrow Real Madrid, Win La Liga
And without him able to make a difference, Barcelona were able to revive what had looked a moribund title race. We are disappointed as overall we did not deserve to lose, but football is like that.

Windows 10 Creators Update starts rolling out for free
The new feature, dubbed Power Throttling , is created to limit the amount of power used by apps running in the background. The next update following on from the current Windows 10 Creators Update will be released in September 2017.

Cardinals' Adam Wainwright whiffs nine and drives in four on Friday
With one out in the fifth, Anderson struck out while attempting to bunt on a safety squeeze, leaving Broxton caught in a rundown. Jacob Barnes pitched the ninth for his first save of the season. "He had a bad night", Brewers manager Craig Counsell said.

Sentence next for Volkswagen in US diesel emissions scandal
The sentence was ordered Friday, six weeks after the German automaker pleaded guilty to conspiracy and obstruction of justice. In a statement after the ruling, Volkswagen said it "deeply regrets the behavior that gave rise to the diesel matter".

Trump to sign measures to review financial regulation
It requires them to hold more capital in reserve in the event of financial emergencies. Elsewhere, investors welcomed bullish comments from U.S.