Twitter user base expands to 284 million, but growth slows

twitter files trademark subtweet icon
Twitter said Monday its monthly active user base expanded to 284 million users during the July-to-September quarter, an increase of 13 million (5 percent) over the previous three-month period. While that might sound like decent enough growth, some investors had been expecting a more impressive figure.

The numbers, revealed on Monday as part of the company’s financial report for Q3, also suggest the rate of growth is slowing after Twitter added 16 million new users in the April-to-June period and 14 million in the quarter before that.

Among its current base 284 million users, Twitter said 80 percent currently log in from a mobile device, a new record for the San Francisco-based company.

Income for the latest quarter hit $361 million, more than double what it made during the same quarter a year earlier, and up $49 million on the previous three-month period. However, the company is still to turn a profit, with losses for Q3 coming in at $175.5 million – that’s $30.5 million more than what it lost in Q2.

Focusing on the revenue figures, Twitter CEO Dick Costolo said in an earnings call with analysts the company had experienced “another very strong quarter,” adding, “I’m happy with the strategies and the quality of the work we’re doing.”

However, in a note of caution, he said that given Twitter’s “significant aspirations and the breadth of the opportunity” in front of it, it was “more critical than ever that we increase our overall pace of execution,” suggesting the microblogging service needs to move faster with the implementation of new features and tools for both users and advertisers.

The company has been going through something of an executive shake-up in recent months, with at least three high-level members quitting their posts. These inlclude former COO Ali Rowghani who was rumored to have fallen out with CEO Dick Costolo over a bid by the Twitter boss to remove some of Rowghani’s responsibilities.

[Source: Twitter, WSJ]

Smart Home

There will be 200 million smart speakers by year’s end, analysts say

A new report by the research and analysis firm Canalys predicts that more than 200 million smart speakers will be engaged by users by the end of 2019, which is a growth of over 82% from last year.
News

Twitter has revealed a launch date for its handy hide replies features

Twitter has revealed a launch date for a feature that lets users hide replies to their tweets. The hope is that it will help the original poster filter out offensive or irrelevant content from conversation threads.
Emerging Tech

SpaceX’s main Falcon Heavy booster is lost at sea after falling off drone ship

SpaceX has lost the center core of its Falcon Heavy rocket after a successful mission last week that ended with it landing on a drone ship. SpaceX said rough seas resulted in the rocket toppling over and falling into the ocean.
Social Media

Facebook toys with mixing Stories and News Feed into one swipeable carousel

Facebook's News Feed could look a lot like Stories if a prototype the social media giant is working on rolls out to users. The design change mixes Stories and News Feed posts into a full-screen slideshow that users swipe left to navigate.
Mobile

The Best iPhone 7 battery cases to give your phone some extra juice

The iPhone 7 doesn't have terrible battery life, but you never know when you'll need to juice up on the go. To help, here are the best iPhone 7 battery cases that can keep your smartphone charged and ready for long-term use.
Digital Trends Live

Digital Trends Live: Samsung Galaxy Fold woes, zombie pigs, and more

Today's topics: Samsung Galaxy Fold, Facebook A.I. voice assistants, YouTube comes to Fire TV, facial recognition on airline flights, the SpaceX DART program, Yale's zombie pigs, and much more!
Deals

Apple iPads and iPad Pros get price cuts up to $150 on Amazon

In the market for a new iPad? Now might be the time to buy -- Amazon has discounted a range of iPad models, including the 10.5-inch, 11-inch, and 12.9-inch iPad Pro models, plus the standard iPad.
Mobile

Samsung Galaxy S10 update gives manual control of Bright Night mode

Samsung 2019 flagship smartphone lineup is here, and there aren't just two phones as usual — there are four. There's the Galaxy S10, S10 Plus, as well as a new entry called the S10e, as well as the Galaxy S10 5G.
Deals

The excellent Moto G6 is just $99 from Google Fi for a limited time

Getting a cheap smartphone can be a great way to squeeze value out of your dollars. Motorola's Moto G-range has always been good value, but never better than this: Get the Moto G6 for just $99 from Google Fi.
Mobile

Keep your huge phone beautiful with the best iPhone XS Max cases

Apple's iPhone XS Max might be the best large phone the company has ever released. But a bigger OLED display and body means there's more glass to crack. Keep your massive phone safe with the best iPhone XS Max cases.
Deals

Ultra Wideband is here, and you can use it with the 5G Moto Mod (and save $150)

5G is rolling out in the U.S., and Motorola’s Moto Z3 is one of the few phones that can use it. Select people can take advantage of Verizon’s 5G service and enjoy a $150 discount with the purchase of a Moto Z3 and 5G Moto Mod bundle.
Deals

The best Amazon Prime Day 2019 deals: Everything you need to know

Amazon Prime Day 2019 is still a few months off, but it's never too early to start preparing. We've been taking a look at the best discounts from previous Prime Days to give you our predictions of what to expect this year.
Mobile

The 15 most stylish iPhone docks and charging stands for your device

The right iPhone dock does more than just hold your phone. If you’re looking for the perfect dock for your bedroom, or one to sit discretely on your office desk, there’s a good chance you’ll find it here.
Product Review

The Xperia 10 Plus feels great in your hand, but you'll still want to put it down

There has never been a better time to buy a smartphone with an unusual design, and one of the cheaper models out there vying for your attention is the Sony Xperia 10 Plus, with its 21:9 aspect ratio screen.