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Twitter Profit Rises As Trump Demands ‘Fairer' Social Media
AppleMagazine
|AppleMagazine #391
Twitter Inc. trumpeted strong quarterly growth in earnings and users while President Donald Trump tweeted criticism of the social media site for allegedly discriminating against him politically.
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The company said net income for the first three months of the year rose on strong ad demand. Daily users rose 11% to 134 million for the first quarter of 2019, thanks to both “organic growth as well as ongoing product improvements and marketing.”
The San Francisco company started disclosing its daily user base in the previous quarter. These are users who log into the site at least once a day and see advertisements on the platform. Twitter says daily metric will replace its monthly user count, which it will stop disclosing. Shortly after the numbers were released, Trump took to Twitter to lambaste the social media company’s treatment of him, accusing it of playing “political games.”
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