twitter shares drop

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    Business Twitter To Sack 9% of Its Staff Worldwide

    Twitter Inc. is cutting about 9 per cent of its employees worldwide. The social media site seemingly unable to find a buyer and losing money has struggled amid competition from the likes of Facebook, Snapchat and Instagram, says it expects to book about $10 million to $20 million in workforce...
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    World Twitter Troubles: Shares Drop Again Due To Lack Of User Growth

    Twitter troubles continued when the company reported earnings that beat analyst expectations but failed to allay investor concerns about the company's user growth prospects. The San Francisco-based company reported a net loss of $90m (£62m) for the last three months of 2015 versus a loss of...