Twitter is in trouble. It lost $116.5 million last quarter and failed to grow its monthly user base from the prior quarter, the company said Thursday. The stock dived 14% on the news. On a
per-share basis, the San Francisco company said it had a second-quarter loss of 16 cents. Twitter has never had a profitable quarter. One hope for future is Twitter Lite, launched in April to
reach more international users.
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