Twitter Sees a Fall in Monthly Active Users to 335 Million, Revenue Beats Estimates

Twitter posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalising misbehaving users this year had paid off even though monthly usage had dropped. Twitter, like bigger rival Facebook, has been under pressure from regulators Read More

WhatsApp Payments Launch Waiting Government’s ‘Green Light’, Says Zuckerberg, Hints at Launch in Other Countries

In the midst of issues concerning the spread of fake news and misinformation through its platform, Facebook-owned WhatsApp is seeking the ‘green light’ from the Indian government to officially launch its Unified Payments Interface (UPI) based payments service in the country. Facebook CEO Mark Zuckerberg during Read More

Facebook Reports Slower-Than-Expected User, Revenue Growth, Now Has 2.23 Billion Monthly Active Users

There’s a scratch in Facebook’s Teflon coating. The social network’s user base and revenue grew more slowly than expected in the second quarter as the company grappled with privacy issues, sending its stock tumbling after hours. The company also warned that it Read More