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Twitter takes a hit as modest user growth disappoints

Published on Feb 6, 2014 10:29 AM
 
A sign is posted on the exterior of the Twitter headquarters on Feb 5, 2014 in San Francisco, California. Twitter got a reality check on Wednesday as the high-flying messaging company reported modest user growth during a quarter in which it lost US$511 million (S$648 million). -- PHOTO: AFP

SAN FRANCISCO (AFP) - Twitter got a reality check on Wednesday as the high-flying messaging company reported modest user growth during a quarter in which it lost US$511 million (S$648 million).

Even more disconcerting, in the eyes of some industry watchers, was that the typical amount of time people spent checking out timelines actually dropped.

"If you don't have an engaged user base, you don't have a business," Forrester analyst Nate Elliott told AFP.

"They have got to do better on users, that is the entire story."

 
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