Technology

Twitter’s monthly active users unchanged in Q2

Social media platforms are trying their level best to increase their revenue and user growth across the whole globe, however, some social platforms such as Twitter is not performing well. According to recent reports by media outlets, Twitter’s monthly active users are unchanged in Q2 of 2017. The company started well at the start of 2017, reaching 328 million total users.

The company revealed that its revenue has declined by five percent and the advertising revenue fell eight percent. A leading analyst, Trip Chowdhry, argued that Twitter’s “fundamentals are broken”, the platform has failed to reach masses and to generate good revenue in the process as well.

On the contrary Twitter’s rival, Facebook is gaining good momentum in both revenue and user base. As Twitter’s user growth has halted, Facebook’s user base has reached to two billion, making Facebook world’s largest social site. Moreover, in a bid to increase its revenue Facebook has decided to launch home screen ads on Messenger across the globe.

This shows the difference in approach of both social sites, one is trying testing out ideas to increase its users and revenue while other is not doing much progress, resulting in poor user and revenue growth.

Jan Dawson of Jackdaw Research said in a tweet, “Both Facebook and Twitter have talked about working to convince advertisers of the value of their ads.” However, he further asserted that Facebook is growing “rapidly” while Twitter is not.

Read also: Verified Twitter users can now date using this new app

Apart from poor user growth, Twitter has recently updated its platform, allowing users to mute notifications from anonymous accounts.

Sponsored
Ali Leghari

Leave a Comment
Share
Published by
Ali Leghari

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago