Twitter said on Thursday that the number of active monthly users has soared to more than 100 million with the majority of people logging in on the go.
“We’re seeing tremendous growth on mobile,” Twitter chief executive Dick Costolo said during an informal “State of the Union” update with reporters at the microblogging service’s headquarters in San Francisco.
The number of “global active users” — people who log in at least once a month — has jumped 82 percent from the start of the year, with mobile climbing 40 percent each quarter for the past year, according to Costolo.
More than 400 million people visit the twitter.com Web site monthly as compared with 250 million at the start of the year, according to figures he provided from a Google analytics service.
“There are still a lot of people who don’t log into Twitter, but use Twitter every day,” Costolo said. “They come and search or read pages.”
‘RETWEETS’
An average of 230 million terse text messages, many of them “retweets,” are fired off daily at Twitter in a 110 percent increase since the start of the year. About 40 percent of the people considered active users of Twitter do not send messages, referred to as “tweets.”
Costolo dismissed the threat of competition from the freshly launched Google+ social network.
Google+ will pull in massive numbers of users by bundling together the Internet giant’s other popular offerings including search, YouTube, Gmail, and the Android software mobile platform, Costolo predicted.
EDIT DOWN
“I think these other platforms will add services and capabilities and we will try to edit ours down,” Costolo said. “We are thinking differently in how we can simplify the product further; what we can take out.”
The health of Twitter’s business is strong and a recent infusion of US$400 million has left the startup feeling no pressure to go public with a stock offering, according to Costolo.
“We have what can only be referred to as a truckload of money in the bank,” he said. “We want to be able to remain independent and not beholden to public markets.”
INTERGRATION: Jensen Huang said that every Nvidia department and function of the company should be using AI, after reportedly saying staff were ‘insane’ not to Nvidia Corp is in a “unique” position in the market, despite facing intensifying competition, chief executive officer Jensen Huang (黃仁勳) said during a brief visit to Taiwan yesterday amid a potentially growing challenge from Google for the artificial intelligence (AI) chip market. Huang told reporters that the AI market is “extremely large” and that while there is a lot of competition, Nvidia’s “condition is very strong and our position is very unique.” Huang, who arrived in Taipei on Thursday, was responding to questions about the possible threat posed by Google. According to a report in The Information on Tuesday, Meta has been in
Charming US President Donald Trump one week, angering China the next, Japanese Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of sleep a night. However, the honeymoon might end soon for the Margaret Thatcher-admiring leader if a spat with China escalates further and she fails to keep inflation in check. “I believe Prime Minister Takaichi will surely do what she needs to do, so I trust her,” Kozue Otsuka, 50, told reporters at a festival this week for business owners seeking good fortune. While buying a lucky kumade rake featuring
INSULATED: The company said it is less exposed to global complications, as it has built a strong footprint worldwide, and has multiple sources of rare earths and raw minerals Merck Group yesterday said it would ramp up production next year at its new flagship facility in Kaohsiung’s Lujhu District (路竹) to satisfy growing demand for advanced semiconductor materials and specialty gases, and to address supply resilience issues amid mounting geopolitical risks. Merck made the remarks during a news conference before the inauguration of its 500 million euros (US$582.1 million) facility, which is also to supply other markets in the Asia-Pacific region, it said. Merck executive board deputy chair and electronics CEO Kai Beckmann told reporters the company adopted a “local-for-local” strategy about seven years ago to address the cycle time of
TECH TITANS: Amazon’s latest chip joins Google in competing for the 90 percent market share held by Nvidia, which claims it is ‘a generation ahead of the industry’ Amazon Web Services (AWS) on Tuesday launched its in-house-built Trainium3 artificial intelligence (AI) chip, marking a significant push to compete with Nvidia Corp in the lucrative market for AI computing power. The move intensifies competition in the AI chip market, where Nvidia dominates with an estimated 80 to 90 percent market share for products used in training large language models that power the likes of ChatGPT. Google last week caused tremors in the industry when it was reported that Facebook-parent Meta Platforms Inc would employ Google AI chips in data centers, signaling new competition for Nvidia. This followed the release last month of
RSS