Scottish Business Owner
I don't quite understand why something like Twitter can make such vast losses and yet continue to keep spending money. I don't think it's clear what it's monetisation strategy is even yet so what is it people see in Twitter that gives it such an ability to tap shareholders for more cash?
Read the full BBC article here >>> http://www.bbc.co.uk/news/business-26059710"Shares in microblogging site Twitter fell by 24% after it reported slower growth in user numbers.
Twitter averaged 241 million monthly users in the last quarter of the year, up just 3.8% on the previous quarter.
That represents a slowdown compared with a growth rate of 10% seen at the beginning of 2013.
The company also reported a net loss of $645m (£396m) for 2013, just three months after its flotation on the New York Stock Exchange."