Slashdot Mirror
Twitter Is 'Toast' and the Stock Is Not Even Worth $10, Says Analyst (cnbc.com)
Twitter is "toast" as a company and the stock is not even worth $10, according to a research note published Tuesday, following the departure of another top executive at the social media service. From a report on CNBC: The microblogging platform's chief technology officer, Adam Messinger, tweeted that he would leave the company and "take some time off", while Josh McFarland, vice president of product at Twitter, also said he was exiting the company. Both executives announced their departure on Tuesday. Meanwhile, last month, Adam Bain stepped down as chief operating officer last month to be replaced by chief financial officer Anthony Noto, who has yet to be replaced. Twitter has also lost leaders from business development, media and commerce, media partnerships, human resources, and engineering this year. The departures prompted Trip Chowdhry, the managing director of equity research at Global Equities Research, and a noted "uber-bear" on tech stocks, to issue a note on Tuesday claiming Twitter is "toast" and "not even a $10 stock." "Many investors were foolishly building (an) investment thesis based on complete stupidity," Chowdhry wrote. The analyst said that Twitter's data quality is "horrible". Chowdhry said that many pollsters used Twitter data to predict a Hillary Clinton win in the U.S. election but the fact that Donald Trump won shows that data quality is poor. One reason for this is too many fake users on the platform, Chowdhry claims.
stupid TFA didn't even mention the VALUATION (who cares about the price of a single share?)...should be around $7.1B at $10/share.
Regardless of your opinions of Trump, it seems pretty ignorant to suggest that Twitter shutting down would completely de-fang him.
It is almost like you're implying that the shutdown of Twitter equates to the shutdown of social media as a concept.
Gab.ai is a twitter replacement that has started up recently and is collecting a lot of interest.
Their product advantage - the thing that differentiates them from the rest of the market - is that they enforce free speech. So long as the speech isn't something that's patently illegal in the US, it's allowed on their site. (Disallowed: illegal pornography, threats and terrorism, doxing/publishing private information.)
Twitter seems to be taking sides with half of it's userbase, and driving the other half away. I've always felt that taking sides in customer arguments (against other customers) was a bad thing, but they're vigorously doing that so I'm sure there's some corporate benefit that I'm missing.
Gab allows each user to filter out anything they don't want to see, either other users or specific words. This seems like it's the right solution, because it allows people to use the system without seeing things they find distasteful, while not infringing on other peoples' free speech. I can only imagine that people will put together recommended word lists in topics such as pornography, or vulgarity, or meanness, that others can download and install.
So if you're concerned about twitter shutting down, check out Gab.ai as an alternate system.
The carrier jobs was possible because Mike Pence (the VP-Elect) is currently the Governor of Indiana, where those jobs are.
As fuck fucking up relations with China, the fact that they are building military installations off the Philippine coast suggests that ship sail long ago.
From the first day the service was announced, a lot of us "long timers" in computers and I.T. were left scratching our heads, wondering what the point was in the entire thing? I mean, Twitter was essentially nothing more than yet *another* IM client of sorts, except with arbitrarily short limits on the length of messages.
Twitter is more than just another IM client. They invented, or at least brought to mainstream popularity, the concepts of the follow and the timeline, which were imitated by Facebook, Instagram, and a number of blogging platforms. Companies and users love the follow, because it realises the ancient mindshare goal of finely-controlled (voluntary) content push, without the clunkiness of channels and email notifications. Once you have permission to push, revenue options open up.
Twitter is not exploiting this power well. They could be earning a cut of the sales made, valuable insights gained, and joy discovered when the information channeled through their platform helps someone choose a product, make a decision, or find something entertaining. I'm not talking about ads and affiliate links.