Is anybody else freaking out about this?
First they reported that they were loosing, or rather showing the door, to about 9% of their staff. That is about 350 workers out of their 3,860 employees.
AND, on top of that, their amount of daily active users is falling. AND they announced that they are discontinuing Vine, which they bought for 30 million dollars! Plus, an article on Breitbart indicates they have lost 2 billion dollars over 10 years. WHAT? I imagine someone in charge over there is screaming into a pillow right now.
I know that a huge challenge with social networks is monetizing them, turning some kind of profit. But Twitter seems to really be floundering. My question is,
DO YOU THINK SOME OTHER COMPANY WILL RESCUE THE DAMSEL IN DISTRESS THAT IS TWITTER?
IS SHE DOOMED?