Turning headlines into cash, the white whale for Twitter
Twitter may be the megaphone for the leader of the free world, but the company's headline omnipresence has yet to turn into a long sought after pot of gold for the company.
In the near term at least, it appears that is the way it will remain.
A lean profit outlook sent shares of Twitter Inc. plunging 9 percent at the opening bell Thursday.
Twitter broadens its campaign against hate and abuse
NEW YORK (AP) — Twitter announced Tuesday that it is expanding efforts to protect its users from abuse and harassment, the latest milestone in a broader, growing corporate campaign to crack down on online hate.
The social media giant said it has begun identifying people who have been banned for abusive behavior and it will stop them from creating new accounts. The company said its changes, which also include a new "safe search" feature, will be implemented in the coming weeks.
Why 97 companies are opposing Trump’s travel ban
NEW YORK (AP) — Apple, Google and more than 90 other companies are pushing back in court against President Donald Trump's temporary travel ban, calling it unconstitutional, un-American and bad for the economy.
The companies filed briefs Sunday to back lawsuits from Washington state and Minnesota fighting Trump's travel ban. The ban keeps refugees and travelers from seven Muslim-majority countries from entering the U.S.
Twitter, seemingly unable to find a buyer and losing money, is cutting about 9 percent of its employees worldwide.
Twitter Inc., which has struggled amid competition from the likes of Facebook, Snapchat and Instagram, said Thursday that it expects to book about $10 million to $20 million in workforce restructuring charges.
Twitter surges after report that it may be on the block
NEW YORK (AP) — Twitter's stock is surging following a report that the social media company, forever struggling in Facebook's shadow, is close to a sale.
The business channel CNBC, citing unnamed sources, said Friday that Twitter Inc. has received "expressions of interest" from several technology or media companies and may receive a formal bid by the end of the year. It named Salesforce.com. and Google as possible buyers.