Twitter

Twitter Shares Drops to Record Low; Back to Its IPO Price

Twitter shares have been falling for weeks but on Thursday it sank lower than the IPO price of $26. It was a new record low after the company's public offering in November 2013.

The first day closing price after the IPO was as high as $44.90 scaling with vigor it reached up to $73.71 within a month in December same year. But the social networking site could not keep with its upbeat progress and is now at a crucial low.

Slowing user growth has plagued the company and just few weeks before it reported an extremely low second-quarter earnings.

Twitter’s Head of Mergers & Acquisition Strategies Resigns

Twitter’s Head of Mergers & Acquisition Strategies ResignsLately, Twitter has seen some top level departures and the latest is the resignation that comes from its Vice President for Corporate Development and Strategy, Rishi Garg. The top level executive with an Indian origin resigned from the micro-blogging site.

Takeover Rumors Spike Shares of Twitter

TwitterIt is not the first time when people heard rumors About Google being interested in acquiring Twitter and it happened once again.

On Tuesday morning the similar rumors in the market led the shares of Twitter Inc to higher levels as they leaped five percent with an unusually high amount of activity noted for the stocks.

Twitter Chief Finance Officer’s Account Seized by Spammer for a Brief Period

Twitter Chief Finance Officer’s Account Seized by Spammer for a Brief PeriodOn Tuesday, the official account of the chief financial officer of Twitter started bombardment spam posts. The incident may have been caused by a glitch or the account could have been just hacked.

Instagram suffered service outage on Saturday; users complained on Twitter

InstagramPopular photo- and video-sharing site Instagram suffered an outage for several hours on Saturday. The outage prompted a number of annoyed Instagram users to voice their complaints on Twitter microblogging site.

Twitter prohibits posting of “explicit sexual content” on its Vine video-sharing service

Twitter prohibits posting of “explicit sexual content” on its Vine video-sharing serviceA new policy was announced on Thursday by microblogging service Twitter to prohibit the posting of "explicit sexual content" on its video-sharing app, Vine.

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