News tagged: Twitter
Twitter is reportedly in talks to offload Vine and it is fielding offers for the service. News of these negotiations comes shortly after Twitter announced it would be shutting down Vine, likely due to a lack of revenue from the app. Some of the offers are for under $10 million.
Vive will soon be entirely gone due to cost-cutting measures by Twitter, but its creators have developed something new. Rus Yusupov and Colin Kroll have introduced a new app, called Hype, which offers livestreaming capabilities similar to those in Periscope.
To move in the direction of profitability, Twitter has made the decision to cut costs by laying off hundreds of employees and ending its support of Vine, which was once a fast-growing short-form video platform. All existing content will remain on the platform.
Twitter is no longer counting media attachments against its tweet character limit and now it may also be relaxing the limit on replies. Some mobile users report usernames are no longer counting against their limit, allowing them to type more in response to other users.
As part of its move to become profitable by 2017, Twitter will cut 9% of its workforce (around 350 jobs). The company has confirmed it's going through a refocusing phase. Most of the job cuts are directed at Twitter's less-necessary marketing and sales division.
Twitter will get rid of 8% of its workforce in the coming days, resulting in around 300 jobs being lost, reports Bloomberg. An announcement of those cuts could come this week, which would place it ahead of the network's third quarter financial report.
Fans of big smartphones probably can't wait for October 25, which is the day when Xiaomi will finally announce the much-anticipated flagship Mi Note 2. The company has now posted a new teaser image on Twitter, confirming the curved display of the flagship.
Dyn DNS has been dealing with a DDOS attack since 11:10 UTC, affecting the performance of many sites. Twitter, Github, SaneBox, Reddit, AirBnB, and Heroku were all affected to varying degrees. Twitter was one of the more affected sites. Service has been restored.
Disney was at one point interested in buying Twitter, but it lost interest in the deal due to the network's reputation as a haven for bullying and harassment, reports Bloomberg. Other factors also contributed to Disney's decision not to make a move for Twitter.
WikiLeaks founder Julian Assange has lost his internet access due to meddling from an unnamed "state actor." Assange has avoided arrest since 2012 by remaining in an Ecuadorian embassy in London and he has maintained contact with the outside world via the internet.
Although Samsung is having hard times with the Galaxy Note 7, the new teaser shows no changes to the Galaxy S8 launch schedule. It was believed that the Galaxy S8 might be unveiled a little earlier to fix the damage that was caused by the Note 7, but that is not going to happen.
Snap Inc., the parent company of Snapchat, is reportedly getting ready for an IPO that will value the company at $25 billion or more. That value, though not guaranteed to be the final amount, would place Snapchat above many other tech IPOs, including Twitter's.
Key members of Twitter's leadership are fighting over the company's future. On one side is CEO Jack Dorsey, who would prefer the company remain independent. On the other side are members of the board and co-founder Evan Williams, who are more supportive of a deal.
If a company does end up acquiring Twitter, it won't be Google or Disney, reports Recode. Twitter has reportedly been considering a sale since last month and some companies have shown varying levels of interest. At this point, neither Google nor Disney is interested.
Links to Periscope accounts can now be included on Twitter profiles, an integration that makes sense given Twitter owns the livestreaming platform. Vine profile links have been supported on the site since late 2015 and you've also been able to link to Periscope.
Yahoo is somewhat unique among the major tech companies for its cooperation with the US government, which includes scanning all incoming emails based on queries provided by intelligence agencies. Other companies say they don't have similar scanning practices.
High-profile tech investor, Chris Sacca, believes Twitter should let itself be acquired and he has personally been selling some of his shares due to Twitter's struggles. Sacca supports the site and is one of its major investors. He doesn't believe Twitter has operated ideally.
Disney is pondering an acquisition of Twitter that could be worth billions. It has reportedly talked with a financial adviser about placing a bid for the company, which would see Disney invest even further into the digital realm. Disney is already quite digital-focused.
Governments around the world have requested more user data from Twitter this year than at any point in the past. The company's latest transparency report, which comes out twice a year, reveals the US made 2,520 requests covering 8,009 accounts between January and June 2016.
As expected, Twitter has finally made changes to its platform, enabling longer tweets. While the 140-character limit is still present, the company has found a different way to enable longer tweets. It is going to stop counting a lot of things against the limit.