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It is slower than 6. 3 growth in the previous quarter. Also in the third quarter, revenue was up 114 year over year but the net loss widened more than 175 million dollars. I spoke with c. E. O. Dick coslo and and asked him what wall street is getting wrong about twitter . The long view about the business and trying to build a lasting enterprise. When we think about our aspirational goal to build the largest daily audience in the world, it is all about certainly at its core that audience is composed of our monthly active users that we reported last night. Beyond that, there is also the hundreds of millions of people who come to twitter and do not log in and beyond that, there is a world of the syndicated audience. That audience we reach across the swire entirety of the web and in our mobile Software Development kit fabric we reach into the mobile application ecosystem. It is the combination of the core and monthly active user ....
This is part of the starbuck strategy to increase u. S. Sales growth and the Ceo Howard Schultz describes it as ecommerce on steroids. Overseeing development of the Android Software using more than 70 of the world smartphones is leaving the company. Andy rubin will be creating an incubator. I spoke with a Silicon Valley recruiter about the shift. Is a lot of action at a startup level. A lot of companies doing really interesting things with relatively small amounts of capital. You dont need to be at google anymore to be at the cutting edge of innovation. Hiring steve schnell, the former Vice President of operations at rival lyft. Schnell left uber with two other executives. They said they left after disagreements with cofounders over how the company was being r ....
Will be out in a half hour, a much has been made about the dependence on ecommerce. They still have a lot to do on improving the experience. Julie hyman has more on this. Part of the problem is a lot like what we do in the stores we are browsing online. Except we do it at a higher rate. Forrester research put out a report looking he looking at the name reason why people abandon their ecart. They say shipping and handling is too high. Theyre just not ready to purchase for whatever reason. I spoke to a Retail Consulting group yesterday, and there are a lot of reasons your online, cries,ne rings, the baby whatever it may be, and you do not get back to it. Also, 22 wanted to compare prices. Saysee something, and you maybe i can get it cheaper somewhere else. Piecee of that shipping we have seen an increase in the number of transactions that offer free shipping. Amazon has been aggressive on that front and set the standard. Other ec ....
Headlines. Twitter by yang a longtime social data partner for an undisclosed amount. They collect and analyze data in order to provide most relevant tweets to clients. This will give twitter a bigger share of revenue from reselling data and will give them more control over information learned. Barcode Printing CompanyZebra Technology is buying motor relative enterprise unit for more than three toy 4 billion. The brett is funding the deal with over 2. 2 billion in debt. The deal will give them access to a number of motorola product lines, including enterprise mobile computing. Dale sohn on the stand at the apple samsung patent trial. Something it did not do in the 2012 case. Testifying about how it developed bounds and marketing practices. They also put engineers from google on the stand. First to the lead story of the day. Google putting google glass on sale to the gener ....