Twitter failed to grow users in the last 3 months
Microblogging platform Twitter on Thursday reported that its monthly active users had grown by 0% in the quarter ended June 30. Twitter's shares plunged 9% after its earnings report revealed that the number of monthly active users was 328 million, unchanged from the previous quarter. Further, the company's net loss widened to $116.5 million from $107.2 million a year before.