Twitter admits it overestimated number of users for 3 yrs
Micro-blogging site Twitter in its third-quarter earnings report revealed that it overestimated its monthly active users for three years. Twitter reported an extra 2 million users each in Q1 and Q2 this year, an upto 0.7 percentage point decline from declared growth rate. The company attributed the overestimation to mistakenly counting users of Digits, the app it transferred to Google.