Twitter (TWTR) Launches Native Windows 10 App (MSFT)

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Go back to Twitter (TWTR) Launches Native Windows 10 App (MSFT)

Being frank not enough, Twitter needs to act

July 29, 2015 2:10 PM EDT

By Abhirup Roy and Tenzin Pema

(Reuters) - Twitter Inc interim CEO Jack Dorsey's harsh criticism of the company's efforts to woo new users may just be the first step to addressing its long-standing problems.

But being frank is not enough, particularly for a social media company struggling to sign up subscribers.

Twitter needs to act fast - simplify its core product and organize news feeds better, analysts said.

Wall Street took a dim view of the management's commentary on a post-earnings call on Tuesday. At least 19 brokerages cut their price target on... More

Wall St higher ahead of Fed meeting

July 29, 2015 11:38 AM EDT

By Tanya Agrawal

(Reuters) - Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike.

Investors are focused on the outcome of the Fed's two-day policy meeting with markets divided on whether it will take a hawkish or dovish stance. No move on rates is expected this week.

In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a... More