Today, Twitter announced it has let go of 8 percent of its workforce, and Wall Street is responding to the news. Its stock is up over 5 percent, signaling that investors also felt that it was time for the social networking company to slim down.
Social media is not a clean formula. It can either intimidate people who have never managed a company account, or excite them with opportunities to elevate the medium. Over the past three months I've been working hard to grow both my personal and company brands on social media. It's been a big learning curve.
Popular photo messaging app Snapchat may be having a change of heart about its foray into original content announced back in January, with a report via Deadline late Monday that it’s shuttering Snap Channel and laying off a number of employees — including its Head of Program Planning and Development, Marcus Wiley.
“On Facebook we’ve seen that people are coming to our platform not only to connect with friends and family but also with products and brands. In fact, a survey suggested that nearly half of people come to Facebook to actively look for products, with a majority of them discovering new products in News Feed, Pages, and Groups.”
Tumblr is pulling a Yahoo.
For a month now the social blogging site has reached out to inactive users, warning them that if they don’t reactivate their accounts within two weeks, Tumblr will “allow their URL(s) to expire.”
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