World Bulletin / News Desk
Twitter said Thursday it could hit profitability by the end of the year, delivering a stronger-than-expected update which sent its shares sharply higher.
The social network, which has struggled to keep pace with rivals, posted a loss of $21 million in the third quarter, a marked improvement from the $103 million deficit a year ago.
Revenues were $590 million, a decrease of four percent from a year ago but not as bad as analysts had feared for the one-to-many messaging platform.
Its monthly active user base rose slightly to 330 million, roughly in line with forecasts. And Twitter said daily active users -- a metric for which it has declined to offer details -- rose 14 percent from last year.
The number of US monthly active users grew four percent to 69 million, and international users increase by the same level to 261 million, Twitter said.
Neil Armstrong and his crew commemorated for their historic 1969 landing on the moon in Apollo 11 spaceship
More than 20 people have been butchered by crazed mobs in the past two months across India after being accused of child kidnapping and other crimes in viral messages circulated wildly on WhatsApp.
Company's operating system creates more choices, Google’s CEO says
EU Competition Commissioner Margrethe Vestager spoke by telephone with Google chief Sundar Pichai on Tuesday night to tell him about the decision in advance, a source close to the matter told AFP.
Brad Smith made a case for a government initiative to lay out rules for proper use of facial recognition technology, with input from a bipartisan and expert commission.
This year's sector showpiece event, opening Monday, will be buzzing on the back of rapid changes in the industry, as US titan Boeing and European arch rival Airbus vie for superiority in the skies.
MEERkat sets stage for Square Kilometre Array project, to allow astronomers to see the sky in unprecedented detail
Prominent users see follower counts decrease by millions after removal of accounts deemed suspicious or fraudulent
Social media giant fined £500,000 ($663,042) for failing to protect users’ private information
The deal marks the biggest overseas foray yet for Tesla, which is looking to expand into global markets, plans that faced a potential threat from the intensifying China-US trade row.
Floating robot is first AI-powered machine to help astronauts complete tasks aboard ISS
Turk Telekom supports increase of competition for higher Internet penetration in Turkey
‘We believe in future of Turkey and we will continue our investments without deceleration,’ says Renault Group’s COO
There was panic across the world today after WhatsApp went down this morning. Whatsapp is having login issues since 2:06 AM EDT.
New study reveal Curiosity rover found ancient organic molecules and seasonal methane gas shifts
Tech giant's Turkey chief aims to take local enterprise to global market