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Why Twitter stock is surging Tuesday

The social network’s first-quarter results are out — and they’re spectacular. What happened? Shares of social network Twitter jumped on Tuesday, rising nearly eighteenth around noon EDT. The stock’s gain followed Twitter’s first-quarter financial results, including better-than-expected financial results and robust growth in monetizable daily active users. So what? Twitter reported non-GAAP earnings per share of $0.37 on revenue of $787 million. These… Read more »

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Twitter still has a growth problem

If you read enough of the news, you would possibly assume that Twitter (and its CEO) is laying dead within the water for all to see. But, in its most recent financial statements, the corporate is proudly declaring that it isn’t dead yet, and may not be for some time. Within the last 3 months,… Read more »

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Twitter shares surge 17th as users rise

Shares in Twitter have surged over 17th when the firm reported rising numbers of users and higher revenues, days after its chief executive promised to improve how it tackles online abuse. The company’s revenue rose to $787m (£605m) in the first quarter, up eighteenth from a year earlier. The number of daily active users rose eleventh to… Read more »

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Twitter is surging and the rally shows no signs of slowing, chart analyst says

The stock rose more than tenth in early trading Tuesday after beating earnings and topping sales estimates for its first quarter. That move conjointly pushed Twitter out of bear market territory, currently less than twentieth off its 52-week high. Matt Maley, equity strategist at Miller Tabak, aforementioned that Twitter still seems like the social stock… Read more »

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Trump calls for ‘more and fairer’ social-media corporations

President Donald Trump on Tuesday took his latest swipe at Twitter for what he says is unfair treatment, as he vowed to “reciprocate” against the European Union within the wake of Harley-Davidson’s report of a profit drop in the first quarter. ‘MORE AND FAIRER’ SOCIAL-MEDIA COMPANIES Trump used Twitter, on which he has nearly sixty… Read more »

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Instagram isn’t going chronological, and is currently telling us why

The company has in public declared that it’s not going chronological, and now, is giving us better sense of its rationale. in a recent press briefing, the product lead for Instagram’s feed, Julian Gutman, told journalists that the photo sharing app is “not thinking about [chronological ordering] at this time.” the explanation, a spokesperson said,… Read more »

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Facebook will soon depend on Instagram for the majority of its ad revenue growth

When Instagram founders Kevin Systrom and Mike Krieger announced last month they were stepping away from Facebook, there was a collective gasp: Instagram’s future was suddenly at risk. So is Facebook’s. So far, Facebook’s acquisition of Instagram has been a complete success — one of the most important of the internet era. The app, which… Read more »

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Big Baller brand posts cryptic message on Instagram

All isn’t well at Big Baller brand. The dying company that LaVar Ball insists is fine has not had a functioning web site for 2 weeks. That’s a fairly major problem for an apparel company with no brick and mortar stores. Their entire distribution network is based online, however as noticed by Jacob Rude of… Read more »

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The Chinese video-sharing app, TikTok recently caused many accidents, some of them leading to deaths

There are various reasons as to why Madras high court is trying to ban the most famous Chinese video-sharing app, TikTok in India. The main reason being, kids who are followers of the famous app are vulnerable to pornography. That’s not all. Within the recent past, there have been several cases where people have hurt themselves very seriously whereas creating videos for TikTok. Some of these serious injuries even resulted in deaths. The most recent case that was… Read more »