Twitter's post-IPO honeymoon is over. The company posted a surprise profit, though it took a one-time loss of about a half-billion dollars, largely for going public. Worse yet, there are a litany of questions about why the company missed growth targets
CEO Dick Costolo had a tough task on Wednesday: convincing investors, media and everyone else that Twitter's nearly stalled monthly active user number is not a calamity and good times are ahead. Costolo may be partly to blame for the concern. He reportedly told employees last year that Twitter would end 2013 with 400 million monthly active users (MAU). Read more...
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