The company has stepped up efforts to keep people hooked through live-streaming deals, including for concerts, professional golf and news programs. (Photo: AFP)Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising for revenue.S.“We’ve only done concept tests,” he said.S.Also on Thursday, Twitter said it banned advertisements from accounts owned by Russian media outlets Russia Today and Sputnik, citing allegations by U.
Unlike Facebook, Twitter does not disclose daily active users, but says that number is less than half the monthly figure.Twitter reported quarterly revenue of $590 million, down 4 per cent from a year earlier, attributing much of the decrease to a previously announced decision to wind down its TellApart advertising product.San Francisco-based Twitter also disclosed that it had discovered an error in how it had measured its user base since 2014 and revised its estimates downward, but said the difference amounted to less China disposable nonwoven isolation gown suppliers than 1 percent.S.4 per cent gain in the S&P 500 information technology index.Twitter Chief Executive Jack Dorsey said on a conference call that the company was trying out ways to attract and engage more users Twitter has put in efforts to hook people through live-streaming deals, like professional golf and news programs.
The social media company has struggled to convert its appeal among celebrities and public figures such as U.Expenses would selectively increase moving forward, the company said.Twitter said it signed a “significant number” of enterprise deals in the third quarter, which would help stabilise its revenue flow.Twitter cut expenses by 16 per cent from a year earlier.The company reported 330 million monthly active users in the quarter ended on September 30, up 4 million from a quarter earlier, helped by email and push notifications.
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