Description: After years of losses, Twitter has finally posted a quarterly profit. New tools that have helped to keep users online longer could be behind the recent success. This is definitely better news for Twitter than all the 2017 talk of how Russian bots may have infiltrated the social media platform and influenced the 2016 US election.
Date: February 08, 2018
Source: bloomberg.com
1) Were you surprised to see that this was the first time Twitter has recorded a profit?
2) Why do you think that some of the big social media players like Twitter and Snapchat have such a difficult time turning a profit?
3) In Wiley’s Financial Accounting: Tools for Business Decision Making, page 422, you can read of how debt collectors sometimes set up fake profiles on social media like Twitter to link with debtors . Do you think debt collectors should be allowed to employ this strategy in trying to collect accounts receivable?
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