Twitter company news

Here are some recent company news and updates from Twitter:

Recent Updates:

  1. Twitter's New CEO: In November 2021, Twitter announced that Parag Agrawal, a long-time Twitter executive, would be taking over as the company's new CEO, replacing Jack Dorsey.
  2. Earnings Reports: Twitter has reported its quarterly earnings, with the company's revenue growing 37% year-over-year to $1.41 billion in Q3 2021.
  3. New Features: Twitter has introduced several new features, including:
    • Twitter Spaces: A new audio chat feature that allows users to engage in live conversations.
    • Fleets: A new feature that allows users to post ephemeral tweets that disappear after 24 hours.
    • Super Hearts: A new feature that allows users to purchase and send animated hearts to show appreciation for tweets.
  4. Partnerships: Twitter has partnered with several companies, including:
    • NFL: Twitter will stream live NFL games and content.
    • Disney: Twitter will stream live Disney content, including sports and entertainment events.
    • TikTok: Twitter and TikTok have partnered to allow users to share TikTok videos directly to Twitter.

Recent Layoffs:

  1. 2021 Layoffs: In November 2021, Twitter laid off around 3,700 employees, which was approximately 50% of its workforce.
  2. 2020 Layoffs: In May 2020, Twitter laid off around 500 employees due to the COVID-19 pandemic.

Recent Acquisitions:

  1. Quill: In October 2021, Twitter acquired Quill, a company that specializes in AI-powered content creation.
  2. Vocal Technologies: In August 2021, Twitter acquired Vocal Technologies, a company that specializes in audio technology.

Recent Controversies:

  1. Censorship: Twitter has faced criticism for its handling of censorship, particularly with regards to political speech and misinformation.
  2. Hate Speech: Twitter has faced criticism for its handling of hate speech and harassment on the platform.
  3. Data Breach: In December 2021, Twitter announced that it had suffered a data breach, which exposed the personal information of around 5.4 million users.