Twitter co-founder Biz Stone is rejoining Twitter Twitter Inc. co-founder Biz Stone said he's rejoining the company six years after he left, becoming thesecond creator to returnto help revive the struggling social media service. In his new role, Mr. Stone will be focused on company culture, and he's not replacing another executive or filling a vacancy, he saidTuesdayin a post on Medium.(Ad Age)
Lots of action and consolidation going on in media/social media. Somebody's gonna buy TWTR you watch. Even if it does lose money.
Twitter shows signs of life with renewed user growth Twitter beat revenue estimates in its latest quarterly report and said it added more monthly users, indicating signs of life at the social network that has struggled to attract new consumers and advertisers. The shares surged. Twitter has been battling the perception that it's a niche platform. The company reported that monthly active users gained 4 percent to 330 million in the third quarter, a positive sign for investors who view audience size as a measure of long-term health.(Ad Age)