Twitter Q2 2016 - updates

Rappler's latest stories on Twitter Q2 2016

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Twitter shares dive after update disappoints

Jul 27, 2016 - 5:30 PM

Analysts are skeptical about whether Twitter can reverse its fortunes

epa04057461 (FILE) A file photo dated 08 November 2013 showing a close up of a Twitter app and a Stock market app displayed on a smartphone, in Berlin, Germany. Twitter Inc had a net loss of 511 million dollars in its first quarterly report since its initial public stock offering, the San Francisco-based company said 05 February 2014, falling further in the red than forecast. Total losses for 2013 were 645 million dollars compared to 79 million dollars in 2012, according to the fourth-quarter report. The social-media company went public on November 6, selling shares to raise at least 1.8 billion dollars to fuel continued expansion. The pace of user growth slowed, with 241 million monthly users, up 30 per cent from 185 million monthly users a year earlier. The rate of growth was 39 per cent in the previous period. Revenue more than doubled to 243 million dollars in the fourth quarter, up 116 per cent from the year-ago period. EPA/Joerg Carstensen