Since his high-profile parting of ways with Twitter, former CEO Dick Costolo has kept a low profile—and that's just the way he wants it.
Twitter saw ad sales rise last quarter, leading to better-than-expected revenue, but the interim CEO Jack Dorsey, co-founder of the company, said user growth is still too slow. The San Francisco tech company released Q2 earnings today, including ad sales that were up 63 percent year over year for the quarter, hitting $452 million. Overall, revenue reached $502 million.
Who will lead Twitter after Dick Costolo steps down as CEO on July 1? Some of the possible external candidates being bandied about today seem like longshots, chiefly Facebook COO Sheryl Sandberg and AOL CEO Tim Armstrong, who would both be difficult and expensive to pry away from their current employers.
The ad industry is looking for whatever clues it can get about the future of Twitter after CEO Dick Costolo handed temporary authority to co-founder Jack Dorsey
Twitter CEO Dick Costolo stepped down today from his leadership post at one of the Web's top companies, where his leadership has been under scrutiny for months. In a dramatic return, co-founder Jack Dorsey, also CEO at payments company Square, is taking over as interim CEO, according to Twitter.
There are some dark corners of Twitter—accounts that take "not safe for work" content to new depths and that can spell big trouble for brands whose ads end up running next to them.
Here's everything you need to know about the last 24 hours in advertising, in case you blinked. Buzzing on Adweek:
Twitter is close to unveiling its autoplay video, finally giving marketers the format they say is a must for branded content.
OK, don't freak out. Twitter's growth appears to be slowing, according to a quarterly earnings call today, but the social network says it's actually gained nearly twice as many users as its own reported numbers show. Whether advertisers will buy that logic, however, remains to be seen.