Twitter added 2 million net monthly active users in Q4 of 2016, a 4% year-over-year increase, the company announced in its latest earnings call. (Facebook, by contrast, grew 17% year-over-year over the same period.) Overall, the call left investors underwhelmed. The company announced $717 million in sales, a quarterly revenue growth rate of only .9% […]
Well that’s not good. As first reported by Business Insider, Best Buy is shutting down demo stations for the Oculus Rift VR headset in 200 stores. 500 stores featured them, so that leaves 300 Oculus Rift demo stations still standing. BI’s sources cited lack of interest, saying it was common for them to go days […]
Google just combined the product teams for YouTube Music and Google Play Music, the tech giant’s two music subscription services. The Verge was the first to report the moves. Nothing will change for users at the moment, as both apps will continue to exist separately for now. But as The Verge points out, it’s highly […]
Apple just nabbed an exec from one of its chief competitors. Timothy Twerdahl is now a VP at the tech giant; he’d previously headed up Amazon’s Fire TV group since 2013. At Apple, he’ll oversee marketing for Apple TV, according to a report from Bloomberg. In the past, Twerdahl has also held positions at Netflix, […]
In response to the growing demand for cross-screen TV viewing measurement, Nielsen says the Media Rating Council has granted accreditation to the company’s Digital in TV Ratings solution. Launched in 2015, Digital in TV Ratings allows programmers to count viewers across devices as long as the program content and commercials match the linear TV airing.
Twitter has unveiled three new changes in an ongoing effort to make the platform “a safer place.” It will try to identify people who have been permanently suspended from creating new accounts; enhance “safe search,” which removes Tweets that contain potentially sensitive content and Tweets from blocked and muted accounts from search results; and identify […]
Time Inc. announced the launch of Coinage, a new digital video brand covering personal finance. The company says that Coinage will feature 600 short-form videos in 2017, running across 22 Time Inc. sites. The brand’s stated purpose: to “help guide everyday choices consumers make in spending, saving and investing for themselves and their families across […]
Vox Media has named a COO – a newly-created position at the company. The role goes to Trei Brundrett, a Vox vet who’s been with the company for over 10 years, most recently as Chief Product Officer. Vox, whose brands include The Verge, Recode and others, is turning to Brundrett to help expand its native […]
The Wall Street Journal is thinking hard about how best to monetize in a changing landscape – and its seeking input from its readers. In a survey sent out to its subscribers, the publication floated a number of ideas, including the possibility of charging on a 79-cents-per-article basis, as well as introducing an ad-free version […]
It’s official: Snapchat parent Snap Inc. has filed for its IPO. And in doing so, the company revealed a lot of hitherto confidential financials. Last year, Snap took in $404.5 million in revenue – a huge leap from its $58 million in revenue a year prior. But its losses also skyrocketed: The company recorded a […]
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