Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Nvidia Develops New Location-Verification Technology for AI Chips 
Twitter has been bleeding users for years and growth has been slow at a 4 percent during the last quarter of 2016. As a result, the social media company has been losing hundreds of millions of dollars despite the extra attention that it has been getting throughout the most recent Presidential elections and on. It would seem that even the bullhorn of President Donald Trump isn’t enough to make people interested enough in Twitter to join it.
Its most recent earnings numbers with a loss of $167 million clearly indicate underlying structural weaknesses within the company itself as the microblogging site has been on the decline for a long time now, The Huffington Post reports. It’s also clear that Twitter is having trouble moving on from its origin, which is basically just a platform for people to share their thoughts on a limited number of characters.
Unlike Facebook and Snapchat, Trump’s favorite social media platform is simply stuck in the mud in terms of what it can offer and how far it can grow. This is a considerable handicap in an industry where every other social network is starting to offer physical products and other content.
Adding insult to injury, Twitter has also been getting a lot of attention than some of its other competitors since it’s the preferred platform for celebrities and now, politicians. Most recently, Trump’s announcement of using the social media service to circumvent what he considers “Fake News” is giving Twitter plenty of coverage, The International Business Times reports.
Even so, the microblogging company simply can’t seem to draw as many users as Facebook is getting, with over 1.7 billion users and counting. It would seem that its own numbers aren’t disheartening Jack Dorsey, Twitter’s CEO, however.
“The whole world is watching Twitter,” Dorsey said in a recent statement. “While we may not be currently meeting everyone’s growth expectations, there is one thing that continues to grow and outpace our peers: Twitter’s influence and impact.”
