Twitter’s Post-IPO Earnings Have Investors Aflutter
Twitter’s doing great—but you wouldn’t know it by looking at their stock. Despite making nearly $243 million last quarter—beating analyst estimates by more than $20 million—Twitter’s stock plummeted 18% this week, following an earnings call in which CEO Dick Costolo was grilled on Twitter’s “disappointing” user growth (which wasn’t really very disappointing at all). Though user growth was slower in Q4 than the quarter prior, nine million new users is nothing to sneeze at; but Twitter does have some user experience issues it could address to improve future earnings. Head to Mashable for a great round-up of what Twitter should consider doing differently in 2014.
Things Get Heated At The Winter Olympics
As athletes, reporters, and spectators flood to Sochi for the 2014 Winter Olympics, many have used social media to express their confusion with Russian “customs”—including toilet fishing and bathroom facilities a bit too close for comfort. Visitors to Sochi have taken to Twitter, with the @SochiProblems account rounding up the best oddities, including bizarre bathroom signage, disturbingly filthy water, and public restrooms with entirely mirrored ceilings. (Okay, a lot of these are restroom-related.) The #SochiProblems hashtag is earning around 50 tweets per minute, outpacing mentions of “Team USA” and “opening ceremonies.”
Happy 10th Anniversary, Facebook!
Feeling old yet? It’s true—Harvard University sophomore Mark Zuckerberg founded “TheFacebook” 10 years ago this week. Since its conception in 2004, Facebook has celebrated a long list of accomplishments, including the launch of brand-new news application Paper and last year’s billion-dollar acquisition of popular mobile photo-sharing platform Instagram. With over 6,000 employees and 37 offices worldwide, Facebook has grown from dorm-room dream into a formidable tech company, lending massive credibility to the wonderful world of social networking (and inspiring many other platforms to follow in its footsteps). Facebook’s current monthly active user base of 1.2 billion outweighs that of the entire internet in 2004.