Twitter turns first profit ever, but problems remain
Friday, 9 February 2018 () NEW YORK (AP) — Twitter beat Wall Street’s cautious expectations with its first quarterly profit in history, but that isn’t going to solve the company’s broader problems any time soon. The company isn’t alone in dealing with abuse, fake accounts and attempts by Russian agents to spread misinformation. But with its troubles compounded by a revolving door of executives and stagnant user growth, Twitter has been facing questions about just who’s minding the store. Every time Twitter tries to respond to a problem, it’s either not good enough, or some other problem emerges. “They are playing whack-a-mole with these problems,” said Michael Connor,...
Friday, 9 February 2018 ()
NEW YORK (AP) — Twitter beat Wall Street’s cautious expectations with its first quarterly profit in history, but that isn’t going to solve the company’s broader problems any time soon. The company isn’t alone in dealing with abuse, fake accounts and attempts by Russian agents to spread misinformation. But with its troubles compounded by a revolving door of executives and stagnant user growth, Twitter has been facing questions about just who’s minding the store. Every time Twitter tries to respond to a problem, it’s either not good enough, or some other problem emerges. “They are playing whack-a-mole with these problems,” said Michael Connor,...
