Tech Article 2/16

Twitter is losing customers and their stock drops rapidly!

• Twitter had approximately 305 billion customers who use their app.

• Has not been able to increase product at a quicker rate.

• The growth has begun to slow down, and is close to not being able to make any profit off of the app.

• Announced on Wednesday that they're testing a new algorithm that will alter the feed

• The company recently stated that its product, engineering, media, and directors leaving for greener ways. 

Sales

End of 2014: $479 million

End of 2015: $710 million, increase of about 48%

• Twitter lost 2 million followers in the last three months 

If twitter doesn't do something quick about this major issue in the world of social media, we could possibly lose Twitter forever. 

Source of Info