Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JI7

(89,247 posts)
Tue Apr 29, 2014, 06:49 PM Apr 2014

Twitter posts $132m net loss amid slow user growth

Source: bbc

The social networking site Twitter has announced that it made a net loss of $132m (£78m) in the first three months of 2014.

However, it posted quarterly revenue of $250m, $226m of which was made through advertising.

The number of active users grew to 255 million, up 5.8% on the previous quarter, but lower than expected.

Despite higher user growth than the previous quarter, when Twitter saw just a 3.8% rise, the rate was lower than many analysts' expectations.

Twitter's shares were down almost 10% in after-hours trading.

Read more: http://www.bbc.com/news/technology-27214815

21 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Twitter posts $132m net loss amid slow user growth (Original Post) JI7 Apr 2014 OP
Did they tweet that?? JoePhilly Apr 2014 #1
#slowusergrowth KamaAina Apr 2014 #2
Aside from celebrity gossip and invitations to spend money... Orrex Apr 2014 #3
Actually, yes. KamaAina Apr 2014 #7
yes for hashtag activist itsrobert Apr 2014 #9
I follow all the liberal writers OKNancy Apr 2014 #10
How funny WhiteTara Apr 2014 #16
Depends on what you enjoy. How I use it: The Straight Story Apr 2014 #18
Eh... SoapBox Apr 2014 #4
I think Twitter is losing its coolness. DCBob Apr 2014 #5
all the twits are already signed up Skittles Apr 2014 #6
How in the hell do you lose 132 million dollars hosting 140 character-length messages? AtheistCrusader Apr 2014 #8
Geez. Do the math. Ikonoklast Apr 2014 #11
I've never had a Twitter account. drm604 Apr 2014 #12
This message was self-deleted by its author penultimate Apr 2014 #14
I don't get "it" madville Apr 2014 #13
I could never find any real use for twitter any of the times I've tried to make use of it penultimate Apr 2014 #15
wow thats a lot of money down the tubes. Jesus Malverde Apr 2014 #17
Maybe 'they' should not spy on... Amonester Apr 2014 #19
How does Twitter actually make money with advertising? cyberswede Apr 2014 #20
I run a podcast, and mostly post to Twitter via auto-feeds from other social media accounts. tofuandbeer Apr 2014 #21

Orrex

(63,203 posts)
3. Aside from celebrity gossip and invitations to spend money...
Tue Apr 29, 2014, 06:55 PM
Apr 2014

is Twitter actually good for anything?

 

KamaAina

(78,249 posts)
7. Actually, yes.
Tue Apr 29, 2014, 07:18 PM
Apr 2014

Activist groups like Occupy and ADAPT (a disability rights group) often tweet from actions.

Besides that...

OKNancy

(41,832 posts)
10. I follow all the liberal writers
Tue Apr 29, 2014, 08:39 PM
Apr 2014

and news sites. I enjoy it. It's also great from breaking news... and bad weather reports from people near you.

If I could only follow one person this would be the one: https://twitter.com/BeschlossDC

The Straight Story

(48,121 posts)
18. Depends on what you enjoy. How I use it:
Tue Apr 29, 2014, 11:09 PM
Apr 2014

I follow lots of national and local news orgs (and some international ones) as well as individual reporters.

I get news information as it is happening usually long before I hear it from anywhere else.

On the fun side I like shows like Supernatural and follow the actors, writers, etc (I have 18 people I follow associated with it). They live tweet during the shows giving a lot if interesting information on it. I get a lot of insight off an on through the day from them. I also follow a guy who draws the Batman comics and see his pencil work on new issues before they are inked. Star wars - a lot of things on that from a group that cosplays for hospitals to a slew of interesting information and podcasts.

I normally just have the one window open for it and about every minute something interesting comes across it.

I also have a list of some well known republicans and conservatives - always fun to see their crap. Especially when they end up wrong on things and have to backpedal (plus I can reply to their crap).

All of that without even using hashtags. Then it gets fun. #Syria is still providing a lot of information from people all over the world for example. A great way to just keep up on a topic. #breaking is usually pretty good for breaking news (but some trollish things here and there).

Not to mention all the giveaways and contests from some places I follow - like book publishers. I just won a free hardcover book, one ebook, virtual meet and greets with authors, and all sorts of cool things.

All this in one place, just kick back and wait for information

DCBob

(24,689 posts)
5. I think Twitter is losing its coolness.
Tue Apr 29, 2014, 06:57 PM
Apr 2014

plus there are so many other ways to communicate and do social stuff on the internet... why bother with tweeting?

AtheistCrusader

(33,982 posts)
8. How in the hell do you lose 132 million dollars hosting 140 character-length messages?
Tue Apr 29, 2014, 07:27 PM
Apr 2014

My mind is boggled.

Ikonoklast

(23,973 posts)
11. Geez. Do the math.
Tue Apr 29, 2014, 08:41 PM
Apr 2014

Each character costs $942,857.14.

Use 140 of them, and you are down to break even.

After that first tweet, it's all a dead loss.




















.

drm604

(16,230 posts)
12. I've never had a Twitter account.
Tue Apr 29, 2014, 09:03 PM
Apr 2014

I already don't have enough hours in the day to keep up with Facebook, DU and a couple of other things plus actually living my life. I don't need Twitter on top of everything else.

Response to drm604 (Reply #12)

penultimate

(1,110 posts)
15. I could never find any real use for twitter any of the times I've tried to make use of it
Tue Apr 29, 2014, 09:50 PM
Apr 2014

I'd use it for a month or two, but I just never felt compelled to continue.
Actually, I've used it to stalk my ex-girlfriends... Kidding, of course.

Jesus Malverde

(10,274 posts)
17. wow thats a lot of money down the tubes.
Tue Apr 29, 2014, 10:49 PM
Apr 2014

I Love twitter, but only for news. Social sharing might have jumped the shark.

cyberswede

(26,117 posts)
20. How does Twitter actually make money with advertising?
Tue Apr 29, 2014, 11:36 PM
Apr 2014

Serious question.

I've never clicked on anything resembling an ad. The only things I see are the "promoted" tweets, which I promptly dismiss. I couldn't even tell you what they were selling.

tofuandbeer

(1,314 posts)
21. I run a podcast, and mostly post to Twitter via auto-feeds from other social media accounts.
Wed Apr 30, 2014, 03:18 AM
Apr 2014

I visit Twitter most days, but find it doesn't have as much activity as other social media.
I really do like it, but I don't find it as useful as other social media (there's that word again).
My 2cents.

Latest Discussions»Latest Breaking News»Twitter posts $132m net l...