Twitter marks 10th birthday searching for followers, profits

Happy birthday, Twitter.

The social media site famous for hashtags and a 140-character "tweet" limit turned 10 years old Monday, having evolved from what was originally billed as a "microblogging" site into one of the Internet's most influential means of communication.

But after a long streak of robust growth that turned it into one of the Internet's hottest companies—despite not turning a profit—Twitter's expansion has slowed dramatically during the past year-and-half. At the end of 2015, it had about 320 million active users, far short of social networking leader Facebook and its 1.5 billion users.

Twitter Inc. executives have acknowledged their struggle to convince people the company provides an essential service and recently tweaked Twitter's format to make it more user-friendly.


Explore further

Twitter disruption silences swaths of US, Europe for hours (Update 4)

© 2016 The Associated Press. All rights reserved.

Citation: Twitter marks 10th birthday searching for followers, profits (2016, March 21) retrieved 23 January 2021 from https://phys.org/news/2016-03-twitter-10th-birthday-profits.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
4 shares

Feedback to editors

User comments