techkenyot.com
techkenyot.com February 21, 2019


Twitter Monthly Active Users Drop to 321 Million, Video Ad Sales Surge

10 February 2019, 12:11 | Hattie Nash

Twitter says abuse reports have fallen by 16 percent

Twitter shares fall amid concern over falling user numbers

Fourth-quarter sales increased 24% to US$908.8 million, beating analysts' average estimate of US$867.1 million.

The social media company said monthly active users declined, partly because it deleted millions of abusive accounts following criticism the platform was being used for political manipulation and hate speech.

Twitter earned 31 cents per share in the fourth quarter on revenue of $909 million. With Twitter's total ad engagements surging 50% and cost per engagement sinking 14% throughout Q3, the platform is seeming ever more attractive to advertisers looking for high return on spend.

Twitter will stop reporting its monthly users, the metric it has disclosed for years, after the current quarter.

Analysts, on average, projected US$766.1 million, according to data compiled by Bloomberg. The company in 2018 marked its first full year of profitability under generally accepted accounted principles. As of 3.15pm United Kingdom time, Twitter's share price was down more than 10% from yesterday's close.

Knicks to part ways with disgruntled Enes Kanter
With head coach David Fizdale focusing on youth, it will be interesting how Jordan fits into New York's plans moving forward. The Knicks have been trying to move Kanter for a few weeks, but his contract made things hard , according to the report.

"2018 is proof that our long-term strategy is working", Jack Dorsey, Twitter's chief executive, said in a statement.

"We have to make Twitter more conversational", he said.

Twitter's monthly user base slipped 9 million year-over-year, according to the company's fiscal fourth-quarter results, which were released Thursday. Instagram alone had 500 million daily active users in 2017 (the most recent data we could find) and is most likely getting even more than that today.

Twitter has said it identified much less manipulation on its service during the 2018 US midterm elections from bad-faith actors located overseas than two years earlier during the presidential campaign.

Twitter said it would stop using the monthly user base measure and instead report "monetizable" daily active users in the USA and worldwide, a better reflection of the audience viewing ads.

Commercial crew test flight schedule slips again
Boeing also plans to test-fly their capsule, dubbed the Starliner , possibly as soon as April. Both craft will then have to perform abort tests and a test mission with crew aboard.

Compared to analysts' expectation of $764.9 Mn, Twitter predicts its first quarter revenue for 2019 to fall within the range of $715 Mn to $775 Mn.

Operating expenses are expected to surge about 20 percent year-on-year in 2019, the company said, due to efforts to improve the health of its platform, exceeding analysts' average estimate of 12 percent.

It expects capital expenditures to be between $550 million and $600 million, well above analysts' average estimate of $415 million for 2019. The shares closed down $3.36 to $30.80 in regular trading, and dropped an additional 4 cents a share in after hours trading.

Jasmine Enberg of the research firm eMarketer said the results were nonetheless positive.

Monthly active users fell slightly for the second quarter in a row to 321 million, but Twitter vaunted growth of 9% in daily active users year on year to 126 million. We considered changing our disclosure to be comparable to other companies, but our goal was not to disclose the largest daily active user number we could.

Pep Guardiola left confused by Benjamin Mendy's Hong Kong Instagram post
Manchester City boss Pep Guardiola lost his rag with Benjamin Mendy after being informed of a mistaken jaunt. Asked if it would be OK if Mendy was in Hong Kong, Guardiola said: "Hong Kong, definitely not".



Other News

Trending Now

Sprint sues AT&T over ‘5G E’ icon as marketing claims heat up
I have personally already encountered AT&T customers who believe their Samsung phone now has 5G. T-Mobile also hit out at the firm, accusing it of "duping customers" with the move.

Memphis Grizzlies agree to trade veteran Marc Gasol to Toronto Raptors
They added an elite centre in Marc Gasol , and according to Masai Ujiri they are not done adding pieces for the playoff run. The Memphis Grizzlies may ultimately decide they would have more options to deal Conley closer to the draft.

Measles breaks out across the Philippines after Dengvaxia vaccine scare
On Thursday, Dr Duque declared that there was also an outbreak in central and southern Luzon and in central and western Visayas. The DOH Epidemiology Bureau (DOH EB) has reported almost 200 confirmed cases through January 19 in the region.

Kevin Durant Rips Media: "I Dont' Trust None Of Y'all"
We all have moments of frustration, times in our life when we maybe don't feel like talking. And now when I don't wanna talk to y'all, it's a problem with me.

Rare tiger kills prospective mate in first meeting at London Zoo
The zoo announced Asim's arrival - whose name means "protector" in Arabic - from Ree Park Safari in Denmark, on January 29. After their keepers saw positive signs, they decided to make the "high-risk" introduction on Friday morning.

Skype desktop app gets background blurring in video calls OnMSFT.com
This feature will enable you to blur the background while on video calls to protect you from embarrassing moments. But in case you want all the focus on yourself and not on the mess behind you, you now have that option.

Newport keeper dashes off as wife goes into labour
In other replays, Brentford dispatched non-league Barnet 3-1, while QPR beat Portsmouth 2-0 to secure a home tie with Watford.

Obaseki Advocates Zero Tolerance, Decisive Action To End Female Genital Mutilation
In cultures that condone FGM, it is usually performed by a traditional practitioner with crude instruments and without anesthetic. February 6 each year marks the International Day of Zero Tolerance for Female Genital Mutilation .

Elizabeth Warren Announces She is Running for President in 2020
When she was 12, her 50-year-old father suffered a near fatal heart attack and their family almost lost their home. Despite such criticism, several MA lawmakers joined Warren for her Lawrence 2020 campaign launch, including U.S.

Sentence for McArthur means he'll never see daylight
Shelly Kinsman, right, leaves the Toronto Courthouse after the sentencing. "I'm not happy with it, not happy at all with it". Many in the LGBTQ community say it's a slap in the face, a failure to send a clear signal that their lives matter.