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Twitter Q1 Earnings: $250M Revenue, $0.00 EPS, 255 Million Monthly Active Users [Stats] (AllTwitter)
Twitter reported on its Q1 2014 financial earnings, and the numbers have beaten Wall Street estimations almost across the board, except, it appears, where it really mattered: that all-important monthly active users number. Twitter’s revenues for the quarter were $250 million versus analyst expectations of $241.47 million. VentureBeat The company revealed that 78 percent of its total monthly active users are mobile. Moreover, mobile advertising was about 80 percent of total advertising revenue this quarter, for a total of about $180 million in mobile ad dollars. The New York Times Most disconcerting for shareholders is that Twitter made $1.44 in advertising revenue for every 1,000 timeline views, down from $1.49 from its previous quarter. That may be the best marker of Twitter’s ability to make money from its platform, and in the first quarter it was trending down. USA Today Investor sentiment has soured, sending shares tumbling 40 percent. Twitter shares fell nearly 10 percent in after-hours trading Tuesday, to a 52-week low of $38.50, following its first-quarter results on Tuesday. Bloomberg Businessweek Twitter employees have their first opportunity to sell shares on Monday, May 5, which is also likely to depress the stock price. Twitter’s founders and chief executive recently said they have no current plans to sell their shares.
Skype Makes Group Video Calling Free on Windows, Mac and Xbox One; Coming to All Platforms ‘in the Future’ (The Next Web)
Skype Tuesday announced it is making group video calling available free of charge on Windows desktop, OS X, and the Xbox One. At the same time, the company is also promising it will enable group video calling across all platforms at no cost “in the future.”
LinkedIn Retires its Group Polls Feature (SocialTimes)
As of May 15, LinkedIn will remove the Group Polls feature. In a guest post on Thompson Reuters’ BizAction blog, Bonnie Buol Ruszczyk of BBR Marketing says that while no one’s confused a LinkedIn poll with serious scientific research, polls have been “one of the platform’s most beloved and interesting add-ons.”
Social Media Erupts with Reactions to Donald Sterling’s Lifetime NBA Ban (The Root)
In a show of solidarity and likely an appreciation of the punishment, the Clippers’ website posted a simple message: “We are One.” Of course, the reactions across social media have been trending, and #Bannedforlife — in response to Silver’s laying down of the law — was the No. 1 trending topic.
2014 Facebook Studio Awards Winners Announced (AllFacebook)
Facebook announced the winners of its 2014 Facebook Studio Awards Tuesday, with top honors, the Blue Award, going to “If We Made It,” a campaign by Droga5 and Heineken USA in support of Newcastle Brown Ale. The social network also added a new category for this year’s awards, Facebook for Good, for not-for-profit campaigns, and the inaugural winner was Trial By Timeline, from Colenso BBDO/AIM Proximity and Amnesty International, aimed at making people aware of criminal sentences being levied by governments around the world.
NJ School Boards Association Updates Recommendations on Social Media (NJ.com)
Teachers should not “friend” students on social media without written approval of their principals and electronic communication between teachers and students should be restricted to school computers and telephones, according to a newly revised social media policy from the New Jersey School Boards Association. The NJSBA revised its model policy for social media, first developed in 2012, to comply with the state’s new law on social media use in schools.
The NBA Community Reacts on Social to Donald Sterling’s Lifetime Ban (LostRemote)
According to Kontera, a company that measures Internet content and social media impressions for brand marketers, there have already been 200,000 tweets about the announcement. Seventeen-thousand of those were sent at 1:20 p.m. EST alone.
Mobile and Monetization: What to Expect at Facebook’s F8 2014 (GigaOM)
Believe it or not, it’s been three years since Facebook last held its developers’ conference, F8. Here’s a look at what to expect during the event today, including rumors about what the company will show during the keynote.
And the Winners of the 2014 Webby Awards are … (SocialTimes)
The winners of the 18th Annual Webby Awards were announced, with De La Soul taking Webby Artist of the Year, the Jamaican Bobsled Team taking Athlete of the Year and Kickstarter getting the award for Breakout of the Year. In honor of the 25th anniversary of their debut album, hip hop trio De La Soul released their entire catalog as a limited 25-hour, free, digital download.