The US government is giving tech companies more freedom to disclose government data requests. But for Twitter, it's not enough.
In a blog posted Thursday, Jeremy Kessel, Twitter's manager for Global Legal Policy, said the company sees the current restrictions against disclosure as a violation of its First Amendment rights. As such, the microblogging site has been battling with the US government.
"We have pressed the US Department of Justice to allow greater transparency, and proposed future disclosures concerning national security requests that would be more meaningful to Twitter's users," Kessel said. "We are … Read more
Twitter shares have slid more than 22 percent in early trading Thursday as shareholders take a step back on word of a disappointing fourth quarter.
The dip -- to just over $50, well down from the Wednesday closing price of $65.97 -- comes after Twitter acknowledged Wednesday that while its total monthly active user tally is up to 241 million, a 30 percent increase year over year, its service's design poses too much of a challenge for users to actually use the service, hence the slowdown in the growth of new users. Twitter also expressed concern that existing … Read more
With 500 million tweets sent each day, Twitter thinks there must be valuable information held within that deluge of data. That's why it's initiating a new pilot project called Twitter Data Grants.
The project involves Twitter giving various research institutions free access to its public and historical data. The institutions can work in fields like epidemiology, natural disaster response, financial markets, and politics. The idea is that these research groups can crunch the data and see what type of insights lie within.
"To date, it has been challenging for researchers outside the company who are tackling big … Read more
Twitter shares were down more than 17.5 percent in after-hours trading in the wake of its first-ever quarterly earnings report. While the company blew past analysts' expectations for revenue, its user growth slowed significantly, leading many to worry it has peaked.
But Twitter doesn't think so. In its earnings conference call, CEO Dick Costolo tried to spin the slowdown in growth by admitting that he knows that the service's experience for new users is far less than ideal, and said the company is planning major initiatives to make things easier for new users from the moment they … Read more
Twitter has problems. But it also has solutions -- that is, of course, if you trust CEO Dick Costolo and crew.
Wednesday, the social network for 140-character updates showed that it could make money, which means the problem isn't revenue or even profit, it's something else entirely. The problem, as Wall Street is wasting no time in reminding the company, is that Twitter can't seem to grow its audience or content consumption rates.
The solution lies in Twitter's 2014 roadmap, as outlined by Costolo, which will see the company go off course to find its way … Read more
Problem? What problem?
Wednesday, Twitter CEO Dick Costolo tried to frame a troubling seven percent fall off in timeline views between the third and fourth quarter of 2013 as a sign of something good. His rationale? Quality over quantity, of course.
Timeline views were "impacted" -- read: clobbered -- by "a series of product improvements across both iOS and Android that were designed to increase interaction per timeline view," Costolo said. "Those product changes worked extremely well."
So, in other words, even though the company only tabulated 148 billion timeline views in the fourth … Read more
Twitter's first-ever quarterly earnings, which the social network announced Wednesday, beat analysts' estimates. For the fourth quarter, Twitter brought in $243 million in revenue, and adjusted earnings of 2 cents per share. And at the end of the quarter, it had 241 million monthly active users.
Quarterly earnings for the company were up 116 percent from the fourth quarter a year ago. However, it posted a net loss of $511.5 million for the quarter, and its net loss for all of 2013 came in at $645.3 million.
For the full 2013 fiscal year, the company posted $664.… Read more
"So tonight, 12 leggy blondes walked up to me in a Hollywood bar. I chose the best three."
"Walking around Lake Como. Four women on my arm. None of them wants Pitt."
"Feeling pissed that Michael Douglas got Matt Damon to kiss him before he kissed me."
No, I am not fantasizing about my life. I am fantasizing about George Clooney's tweets. If he ever chose to emit any, that is.
Sadly for humanity, this is unlikely to ever happen. Clooney has expounded on his revulsion toward Twitter.
There's sadness and liberation in realizing that one of your heroes is also just a normal, fallible human. That's how I'm feeling today about LeVar Burton, a man I've looked up to at just about every stage of my life, but who tweeted something pretty tasteless and tacky about the tragic passing of Philip Seymour Hoffman (another talented person I've admired for years) this week from an apparent heroin overdose.
Here's what Burton tweeted shortly after news of Hoffman's death broke:… Read more