The Securities and Exchange Commission is wondering why Twitter doesn’t disclose its daily active users. “The company tells investors to focus instead on the percentage growth of people
who use it daily … but Twitter doesn’t say what that percentage represents,” Bloomberg reports. “In a May 10 letter, the SEC asked for Twitter to explain that
choice, and ‘tell us how the percentage change information provides an investor with a clear understanding of user engagement on your platform.’”
Read the whole story at Bloomberg »