twitter shares hit new low on rumored shift to 10,000 character tweets /

Published at 2016-01-05 19:55:32

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Tech company considers expanding beyond 140-character limit as it looks to grow user base under recently appointed chief Jack DorseyTwitter is rumored to be considering increasing its per-tweet character count from 140 to 10000 – a potential dart that instantly sent the troubled tech company’s share price into a tailspin.
Twitter shares
plummeted more than 2% on the news,first reported by Re/code on Tuesday, which seemed to undermine the essential nature of the short-form social media platform. The company’s shares ended down 2.97% at $21.89, or a unusual low. Continue reading...

Source: theguardian.com

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