Daily Archives: February 5, 2014

Tim Bradshaw

Expectations were running high ahead of Twitter’s maiden earnings as a public company – its stock had risen by almost 50 per cent since November’s IPO.
But investors got the jitters when they saw slowing growth in user numbers and engagement rates in the fourth quarter of 2013, feeding their fears that Twitter might be a niche product which the mass market will never understand. Dick Costolo, chief executive, stressed this was a problem they had always known about and had a plan to fix. Nonetheless, shareholders were not comforted, sending Twitter shares down almost 18 per cent in after-hours trading.
In this liveblog, Hannah Kuchler and Tim Bradshaw covered reaction and live commentary from the conference call.  

This week Indian-born Satya Nadella (pictured) became the third chief executive in the history of the world’s largest software maker, Microsoft.It’s a major win for Nadella. It could be a win for Microsoft.

But apparently, it’s also a win for India.

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