Ron Burgundy Posted June 12, 2015 Share Posted June 12, 2015 Twitter Inc's announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user growth. Twitter' shares were down 0.6 percent in early afternoon trading on Friday, after rising much as 3.9 percent just after the opening, as investors assessed the company's prospects. Analysts said Twitter has an uncertain future unless it can reverse slowing user growth by introducing new features that will help it win a bigger chunk of the digital advertising market from rivals such as Facebook Inc. Some also wondered whether Twitter, with its 300 million users, could be takeover target. View the full article Quote Link to comment Share on other sites More sharing options...
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