Twitter price falls with new features?

Discussion in 'Stock Market Forum' started by GiltEdged, Mar 24, 2016.

  1. GiltEdged

    GiltEdged Active Member

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    Twitter announced to many users this morning that it was closing its "Tweetdeck for Windows" client (It will still be available for Mac). Tweetdeck was a popular twitter management tool, initially independent but purchased by twitter. The closure seems to be prompted by the new version of Twitter being launched for Windows 10, which will include several of the Tweetdeck features in Twitter itself. Several of these tools are available commercially through Twitter itself, but Twitter hasn't stated whether the former Tweetdeck features will be commercial.

    Further concerns are that the Tweedeck client will now be available online, creating security concerns as there has already been one successful hack of Tweetdeck in June 2014. Tweedeck now allows access to all user accounts if one is compromised, which it did not at the time. The statement reads that users visiting twitter will now be logged into Tweetdeck automatically. There are no details of how this will work for companies with multiple accounts. Also concerns have been raised that the webclient runs the risk of webdriver automation being used to generate spam, causing a reduction in the value of twitter content.

    News that they are closing their most popular client has oddly not resulted in an immediate rise in the share-price. After they lost execs in January is this going to be another problem for Twitter? There are alternative management tools on the market, and it seems likely to alienate users.
     
  2. Rainman

    Rainman Senior Investor

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    I think this isn't the time for Twitter to alienate their users. If they are going to commercialize something that was previously free then I suppose some users might leave and as others who may have planned to join Twitter read stuff like this they most certainly won't register. Instead of trying to keep old employees who have run out of ideas, they need to hire "fresh talent" and get new ideas that might help them solve their problems.
     
  3. Scooby Snack

    Scooby Snack Well-Known Member

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    Twitter is on a downward slide, and it's puzzling how they don't seem to be able to pinpoint what people's issues are with the platform.

    Jack Dorsey went on the Today show recently and claimed that there is absolutely NO censorship on Twitter, and that is demonstrably false (it's also worth noting that Matt Lauer posed the question due to overwhelming response from viewers on that very topic). Conservatives in particular have complained that they've been unfairly targeted for account suspensions, blockages, and censure for behaviors that others with more Progressive politics/views seem to get away with (such as militant Black Lives Matter supporters making threats, for instance). Whether or not those complaining have a valid point, it is foolhardy to simply dismiss the issue completely, when there have been concerns (and continue to be concerns) about it for some time. It doesn't instill trust or goodwill with users.

    Others have pointed out that Twitter has refused simple updates that could improve user experience--such as an edit button, or being able to provide pictures and links without cutting into the 140-character limit--and have instead implemented other features that users do NOT want, such as algorithms that influence what people see and do not see. Again, it's a baffling decision to fly in the face of what your users may find useful.

    It's tough for me to feel bad for Twitter lately, as they seem to be the victims of their own ignorance and hubris. Maybe they'll be bought out by a larger company and FORCED into actually becoming a worthwhile platform again.
     
  4. petesede

    petesede Guest

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    Just a horrible company to own. It was near saturation with freebie users before it went public. It had, and still has no viable method of monetizing those users and as an independent company it is severely limited in how it can bridge those users to other products, since it has no other products. It is a platform with many eyeballs, but no way to get money from those eyeballs.
     
  5. pwarbi

    pwarbi Senior Investor

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    While Twitter is still a popular social media sites, I also think that it'd on a bit of a downward slope at the moment and I'm not sure how they plan in turning it around.

    There are a lot of other social media sites around these days that are doing what Twitter do but only better. They have to at least try and compete with those before they think about turning things around.
     

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