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Twitter refocuses on live video as it battles a downward trend following 2016 $400m loss

on Feb 28, 2017 | 0 comments

By Laurie Fullerton

Expect to see more live video in your Twitter feed as a strategy to combat a downward trend, with the company reporting a loss of more than $400m in the last year, according to its annual 10-K report released this week.

Going forward, Twitter plans to grow its video presence in an effort to reach new users and potential buyers according to Geekwire. While it said in the annual report that it still isn’t making money off Periscope, the move taps into a bigger shift on social media toward video. Facebook’s Mark Zuckerberg, for example, Read full story ›

Source: The Drum