Bad news -- Twitter revenue approaches the New York Times
Most might not compare -- but the timing seems right. You may have read the story about Robin Williams' daughter Zelda dropping off Twitter due to trash-posting trolls -- these are not the first that have been targeting women. On July 29, Twitter reported revenue of $312 million, somewhat exceeding estimates, on track to cross $1 billion in revenue during 2014. The New York Times reported $389 million during the same period, slightly missing estimates. And today, the Times appointed Alex MacCallum, a founding editor of The Huffington Post, to be assistant managing editor for audience development. The Times is reflecting on how to better understand and grow its social media use. Twitter is in the 'process of evaluating how we can improve policies to better handle tragic situations.' Let us think about this for a moment -- and contemplate this sad tale unfolding before us.