Listen - The reason why hunger is an important theme in Canada's health history is consistent. Mary Jane McCallum @ UWpgHistory pca.st/xhQs pic.twitter.com/T16QkYGQhE
Twitter's @ Bitcoin processing drama continues. Twitter stopped the @ Bitcoin Twitter account "No Sharing" on the weekend. There are no fans in the @ Bitcoin account (700 k +), but Twitter is gradually recovering the fans. Complete drama: The original handle was executed by anonymous user, then temporarily handed over to Turkish user, then Russian user, and eventually restored to original owner on Monday afternoon. There are many conspiracy theories. Verge deserves a long story: New Yorker introduces Mike Novogratz of Galaxy Digital. It has never survived, not alone, but overcoming the two serious professional crises, but it was still the A position to use the cryptographic boom - both investors (joint venture company ) Galaxy manages the 325 mm Ecosystem Development Fund and can also acquire a bank to be listed on the Toronto Venture Exchange through a new commercial bank (250 mm fund). New Yorker
How is this related to Twitter? Today's social media company is very similar to what Netscape did in 1998. Twitter was one of the first social media pioneers, but it did not reach the same level of global growth as Facebook. The core product of Twitter is stagnant, and its research and development seems to be completely separate application like Vine and Periscope. (In Netscape, executives want the company to create "groupware suites" as well as browsers, as is the lack of Twitter attention.)
Like browsers, Twitter actually provides important infrastructure services on modern internet. It is unknown whether this has the temperament of growth-oriented listed companies. In the case of Netscape, the answer is "No" in the end. On Twitter, the answer is becoming increasingly "no". Where did Twitter leave? The company will of course continue to exist, but it is difficult to imagine that the stock price recovers soon. Although Twitter Inc.'s revenue is growing, it has lost about $ 500 million per year. The new management team has to make substantial reductions to raise the company's profitability. This profit oriented scale reduction tends to be a vicious circle that ultimately hurts the advantages of today's Twitter products.