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I only use twitter to get deals from American Express.
That's the only reason why I signed up for a Twitter account.
There was an offer like 4 or 5 years back around Black Friday that I wanted to take advantage of and couldn't get through AmEx site; Twitter exclusive I think.
Haven't used Twitter account in at least 3 years since AmEx started listing every offer on their own site.
Jack Dorsey Expected to Be Named Permanent Twitter CEO
September 30, 2015
Jack is apparently back — for good this time.
Twitter co-founder Jack Dorsey, who has been serving as interim CEO for the past three months, is expected to be named the company’s new permanent CEO as early as tomorrow, although that timeframe may change, according to sources. Dorsey will apparently continue to run Square, the payments company he founded where he’s also CEO.
Update: Sources said that it’s not clear if the board has officially voted on Dorsey’s appointment, because it was still settling the status of other key execs this week, most specifically revenue chief Adam Bain and CFO Anthony Noto. Bain is widely expected to become COO, although Noto may also report directly to Dorsey. Both have indicated to the board, said multiple sources, that they want Dorsey in the top job. These discussions with them about a new regime started recently.
. . . . . .
Twitter has been in the midst of a high-profile CEO search since Costolo announced he was stepping down in early June and Dorsey took over in the interim. Dorsey has always been a serious candidate for the job, but few believed that he’d ever leave Square, which recently filed for an IPO, in order to take it. The CEO search committee complicated matters in mid-June by stating what seemed to be obvious: That the Twitter CEO role was a full-time job.
Twitter: Stand By for String of Positive News, Says Deutsche
October 2, 2015, 1:05 P.M. ET
Shares of Twitter (TWTR) are up $1.42, or almost 6%, at $26.10, after Deutsche Bank’s Ross Sandler today reiterated a Buy rating and a $50 price target, writing that “a string of positive news should start to materialize,” including the naming a permanent CEO and the roll out of “Project Lightning,” which should boost mainstream use of the service.
He’s bullish on the Q3 outlook: “We think revenue should slightly exceed consensus revenue of $559m, despite over-concerns and noise in the investment community, with consistent margin expansion (DB EBITDA of $113m).”
More important, the quarter’s report will bring some early data on Lightning’s progress: “The key to the story in the short term is whether “Moments” (i.e. Project Lightening) can attract and engage new users, and if Twitter can improve retention trends. The company should have 3 weeks of data by the time they report 3Q, hence we are cautiously optimistic.”
Overall, he thinks sentiment has just gotten too negative:
Similar to when Facebook in 2012 or Google in 1H15 went out of favor, we think the sentiment pendulum for Twitter has swung too far to the negative. The challenge the company needs to overcome in growing usage and engagement is a harder fix than what Facebook experienced in 2012, but we think manageable. We are confident that ad revenue growth will pick up in 1Q16 when third party attribution is fully rolled out to DR marketers and hence we have little concerns around monetization. In summary, we think Twitter is likely to make a comeback at some point, which is a very non-consensus view.
Last but not least, “Lastly, the CEO seat will likely be filled in the near-to-medium term along with a BoD re-shuffle, which should help sentiment.”
Sandler’s note is not unlike a late August note from Robert Peck of SunTrust Robinson Humphrey, who wrote about a looming "series of catalysts."
Google remains the king of the ROI heap when you ask advertisers how they would rank the leading ad platforms in terms of ROI. Google remains for the 6th time that we've run this survey the number 1 site on the internet, the number 1 platform.
If you dig a little deeper, what you'll find is Facebook... the incremental interest in buying ads on Facebook, despite what seems to be pretty clear ad pricing inflation on Facebook, hasn't changed. Marketers want to spend. 64% of marketers on Facebook today want to spend more in the next 12 months, not less. That's the positive surprise.
The negative surprise was Twitter, where we're seeing a real fall-off in advertiser interest in advertising on Twitter.
If this ends up being true, Twitter could end up missing revenue and profit/loss estimates, and maybe even their own guidance, when they report Q3 later this month. Worse, they could end up revising and lowering Q4 and full year numbers. That would be bad. Real bad.
Q3 guidance
revenue between $545 million and $560 million vs $556 million expected
Full year guidance
revenue between 2.2 billion and $2.27 billion vs $2.2 billion expected
Saudi billionaire Prince Alwaleed doubles his stake in Twitter
October 7, 2015, 1:27 PM EDT
He now owns over 5% of the company.
Prince Alwaleed bin Talal, the Saudi billionaire, doubled his investment in Twitter over the past six weeks, the Associated Press reports.
According to the SEC filing, Prince Alwaleed now holds 30,100,000 shares of the company while Kingdom Holding Company, his investment company of which he’s the chairman, holds 4,850,000 shares. Combined, this adds up to over 5% of the social media site’s stock and a market value of $1 billion. He and his company originally invested $300 million in Twitter back in 2011 before it went public in 2013.
I'd be a seller ahead of TWTR's earnings report on Tues Oct 27.
Former Microsoft Corp. Chief Executive Officer Steve Ballmer has built up a 4 percent stake in Twitter Inc., he said via e-mail.
The owner of the Los Angeles Clippers basketball team posted on Twitter earlier Friday that he’s been impressed with recent efforts by the social-media company and new CEO Jack Dorsey to improve its focus.
Twitter: Morgan Stanley Says Sell as Ad, User Trends Worsen
Shares of Twitter (TWTR) are down $1.31, or 4%, at $29.60, after Brian Nowak of Morgan Stanley this morning cut his rating on the shares to Underweight from Equal Weight, and slashed his target to $24 from $36, arguing that the company’s going to have a hard time finding new advertisers, and its ads are already expensive, and that the recently unveiled “Moments” product may not help much.
“We believe limited monthly active user growth, declining engagement, lack of material incremental advertiser demand, rising ad competition, and already-high ad unit pricing will hold back long-term earnings power,” writes Nowak.
Titled “A moment too late?” Nowak’s report is skeptical of Moments, a curated listed of tweets meant as a more inviting entrée to the Twitterverse:
While the new Moments product represents an improvement in terms of ease of use, in our view it is still too early to determine if this will lead to a sustained improvement in MAU growth, in particular given there are multiple competitors – Apple News, Flipboard, Pulse, Feedly, (soon) Facebook, among others – offering similar products. Moments may be too late to meaningfully change consumer behavior. In our view, serving compelling and non-invasive ad units in Moments is likely to be difficult.
More important, the company’s already got a high ad load, limiting how much more it can sell.
That’s not obvious, he thinks, until you consider how little time is spent on Twitter, relatively speaking:
In our view, it is important to analyze ad load in terms of user time spent because it more appropriately represents the time available to show ads to each user. This is particularly important when you consider Facebook time spent/user is 14X larger than Twitter, YouTube time spent/user is 3.2X larger, and Instagram time spent/user is 2.7X higher. Twitter’s relatively limited engagement speaks to its ad load limits because (in our opinion) most users do not want their time spent on social networks to be dominated by advertising rather than social content.
Twitter’s “more limited reach makes its ad units more expensive,” he opines, including more pricey than Facebook’s (FB). “By our math, Twitter eCPMs are already at an estimated 13% premium to Facebook.”
Moreover, the stock is expensive, he writes, in fact, the third most expensive in his coverage area, at 19.2 times the projected 2017 Ebitda, following Netflix (NFLX) at 40 times and Pandora Media (P) at 42.4 times.
For 2016, Nowak estimates Twitter making $2.944 billion in revenue, $765 million in Ebitda, and 59 cents EPS. That compares to consensus for $3.235 billion, $891 million, and 62 cents. For 2017, he sees $3.558 billion, $974 million, and 83 cents, compared to consensus for $4.32 billion, $1.32 billion, and $1.02 per share.
07-28-2015, 03:44 PM
After Hours : $34.46 - Down $2.08 (5.69%)
so he has 30 million in shares? 
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