Twitter’s stock is cratering this week following its earnings report on Tuesday, down around 15% and shaving more than a billion dollars off its market cap — again. This isn’t even an all-time low for Twitter. But the company is a long, long ways from its successful run after its initial public offering. At the time, Twitter was showing — while slow — user growth… Read MoreTwitter’s dysfunctional Wall Street relationship
Twitter’s stock is cratering this week following its earnings report on Tuesday, down around 15% and shaving more than a billion dollars off its market cap — again. This isn’t even an all-time low for Twitter. But the company is a long, long ways from its successful run after its initial public offering. At the time, Twitter was showing — while slow — user growth… Read More
As Twitter tries out bigger things to spur growth activity — like changing the order and length of tweets — it is turning away from others. Twitter has quietly retired Magic Recs, a strikingly effective bot account that used to send you DMs recommending viral accounts or Tweets to follow, run by an algorithm that measured how many others you knew were following an account… 
Reports in the Russian press that Google tried to acquire the Telegram messaging app last year for $1 billion have been firmly rebutted by Telegram founder Pavel Durov. The rumors had been widely reported in the tech press today. 
Snapchat may have started out as the ephemeral messaging and photo-sharing app, but a majority of users now consume video there too, according to a report from Bloomberg today. Daily video views on Snapchat have spiked to 10 billion, the report said. That’s up from 8 billion video views on Snapchat in February this year, 6 billion daily video views in November 2015, and 4 billion in… 
The League, the dating startup that’s maybe-maybe-not elitist, is launching version 2.0 in a new city — Los Angeles. Founder and CEO Amanda Bradford said The League has already rolled out the updated app to users in its existing markets, New York and San Francisco, without much fanfare. Today, however, marks the official launch, as well as the addition of its first city in nearly… 
Following yet another quarter of sluggish user growth, Twitter has changed how its flagship mobile application is categorized on Apple’s iTunes App Store. Instead of competing against Facebook, Instagram, Messenger, WhatsApp, Pinterest, and others in the crowded “Social networking” category, where Twitter had previously ranked in the top 10, the company has moved its app… 
Calling it an “un-pivot,” Biz Stone is bringing back Jelly, the Q&A app he created in 2013. Launching today, the new and improved Jelly remains close to its roots, but with an added twist. This time, everything is anonymous so you can ask what you really want to know. Referring to the new Jelly an “on-demand search engine,” Stone said that one lesson he learned… 
Facebook’s “family of apps” strategy is a wild success. While some might have expected it to roll Instagram into Facebook and leave chat in its main app, keeping Instagram independent and splitting off Messenger into a companion app has helped it solidify itself as more than just a ubiquitous utility, but as a downright addiction.
Facebook today, as part of its earnings release, said it would add a new class of non-voting stock for the company, which will keep Mark Zuckerberg in control of the company. “This proposal is designed to create a capital structure that will, among other things, allow us to remain focused on Mr. Zuckerberg’s long-term vision for our company and encourage Mr. Zuckerberg to remain in…