Twitter reported underwhelming first-quarter earnings on Tuesday: It reported $595 million, below the $607.8 million that analysts expected. And even though Twitter added 5 million users in the first quarter, The Verge’s Casey Newton writes that’s well below what Twitter needs to be adding to take ad money away from Facebook and Google. Twitter has been making changes to appeal to a larger audience, which Newton says “have been welcome, if overdue.” But, Newton says: “Collectively, changes to the product have failed to broaden the appeal of the core service, even as its rivals continue to grow.”
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from American Press Institute http://ift.tt/1WuOwlF
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