Nobody is joining Twitter, so let’s just blame Trump
Image: Bloomberg/getty images
Twitter may be President Donald Trump’s favorite tool, but for the average person, its appeal has apparently become a bit lackluster.
In three months, Twitter’s growth has remained flat, sitting at 328 million monthly active users, the company reported on Thursday as part of its quarterly earnings release.
Even worse, the company also saw a decrease in revenue this quarter.
In America, home of one of Twitter’s most notorious users, monthly active users fell by two million, while international users grew, the company said in its letter to shareholders.
Maybe Americans are sick of political Twitter, or maybe they’re just tired of the constant feed of news. Who knows.
It’s definitely not a bright spot in the company’s quarterly financial report, but hey, it isn’t all bad news.
Monthly active usage has increased by five percent year over year, and daily active usage has increased by 12 percent year over year, according to a press release.
“We’re strengthening our execution, which gives us confidence that our product improvements will continue to contribute to meaningful increases in daily active usage. We’re also encouraged by the progress we’re making executing against our top revenue generating priorities as we focus on making Twitter the best place to see and share what’s happening, where you can see every side and perspective.” Twitter CEO Jack Dorsey said in a statement.
Another bright spot in the report: the company says the actions its taken against abusive accounts everyday has multiplied by 10, as it seeks to make the social media network safer, according to its letter to shareholders.
Additionally, accounts with action taken against them for abusive content have led to 25-percent less abuse reports, the company said.
“Over the coming several quarters, people can expect a continued focus on delivering the best of what’s happening in the world,” the letter to shareholders says. “Specific areas of focus continue to be our commitment to safety, making it easier to get to what matters to people, and helping people capture and share what’s happening more quickly.”
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