Fidelity bank banner UBA banner
Twitter records first quarterly profit

By News Express on 08/02/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 688


Twitter says it had first quarterly profit in history and returned to revenue growth in the fourth quarter.

Its stock increased in pre-market trading Thursday.

Though the results beat Wall Street’s cautious expectations, they don’t solve the company’s broader problems.

It’s been dealing with abuse, fake accounts and attempts by Russian agents to spread misinformation. The troubles have been compounded by stagnant user growth.

And with a prominent executive leaving shortly, and the CEO splitting its time with another company, Twitter's now facing questions about just who is minding the store.

Twitter has said it's dealing with the problems. The company has introduced a slew of new measures to weed out abusive accounts. Still, critics say the company is playing whack-a-mole with its problems, with often inadequate responses. (AP)

 

Source News Express

Posted 08/02/2018 9:10:08 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
How Wizkid beat Jay Z, Lamar, Drake, other...

Breaking News: Boko Haram surrenders Adamawa stronghold •Troops...

Wike alleges N23 billion bribe to election tribunal...

Boko Haram kills more than 100, hoists flag...

How to solve Nigeria’s security challenges —UN Envoy...

Golden Voice Tope Ojeme wins double at 2015...

Christians, South-East lose out in security and paramilitary...

Suspected Fulani herdsmen abduct ex-council chair, two others...

More trouble for Mobolaji Aluko as NUJ alleges...

Heavy losses as fuel tanker falls off Iyana...

European development bank eyes Africa for next wave...

We’re not part of Etisalat’s new board, says...

 

Latest News Escaping drug addicts drown in River Niger Boko Haram kills Army Commander, several soldiers We won’t substitute Ganduje over bribe allegation — APC •Explains source of ‘bribes’ Osun PDP members sue Adeleke over fake certificate Man charged with sex crimes involving 300 boys INEC removes names of 1,931 persons from Kaduna voters’ register Fayemi reinstates five Perm Secs sacked by Fayose, to get salary arrears Gunmen kidnap 20 students from Cameroonian school Anambra lawmakers to IGP: Caution the State Command over sealing of Assembly Complex 2019: Atiku doesn’t have second term hidden agenda — Campaign Strategist 8th Senate worst in attendance: Ndume Gov Abubakar imposes 12-hour curfew on five Bauchi communities

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (422,771 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (390,835 views) Shameless Genevieve Nnaji exposes breasts in public (323,926 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (272,640 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (244,861 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (227,824 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (209,621 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (191,155 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (176,528 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (168,918 views) Lagos plane crash: Journalist releases victims’ names (165,500 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (152,319 views)

 

Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (74) Business & Economy (3,803) Business Verdict (54) Columnists (964) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (568) Features (670) Global Business Monitor (311) International (2,707) Interview (167) Live Commentary (28) Love Matters (146) Maggie's Blog (38) News (40,699) Opinion (1,145) Pidgin (13) Politics (7,819) Religion (903) Sports (1,780) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera