Twitter Could Be Running Out of Time
The article from the Independent talks about how Twitter is suffering finacnially and that it's stocks were down 57% from when it first started, nearly a decade ago which isn't that long ago. It talks about how it's only progressing in single figure growth by 2-4% which isn't enough for a company such as Twitter.
I find this surprising as Twitter can still be classed as "New" as it is a social media, people now associate old media platforms to be Newspapers and would expect them to be struggling financially but not something quite new like Twitter. Even though Twitter is a social media product like Facebook and Instagram it has struggles to keep up with them as fashions and trends change much more quickly now, especially amongst young people.
No comments:
Post a Comment