Twitter faces stalled user growth and growing competition.
According to media reports, Microsoft-LinkedIn acquisition in the enterprise social media space has rekindled hope for Twitter which is affected by stalled user growth and if Twitter shares stay up for some time, it is a clear signal that investors would rather see it in someone else’s hands, Re/Code has reported on Tuesday.
The report has added that the 10 year old Twitter is facing stalled user growth and growing competition for quite some time and a sequential decline in its monthly active users (MAUs) base triggered a sharp fall for Twitter shares as the company announced its fourth quarter results recently.
Recent reports have claimed that over 32 million Twitter passwords may have been compromised by locking accounts that demand extra protection and requiring a password reset and leaked sources have said the cache of Twitter data contains 32,888,300 records, including email addresses, usernames and passwords.