Sociable Folktales – Issue 28
What’s going on with Twitter? Amid rumours of the company seeking and failing to find a buyer, stock has plummeted hard. Now it’s been revealed that Weibo – a Chinese Twitter clone launched in 2009 – is actually worth more than Twitter itself. It’s often said that despite 300m monthly active users, Twitter has an identity crisis. CEO Jack Dorsey recently announced something of a mission statement, calling Twitter, the ‘people’s news network’. The platform has always leaned toward the media side of social media, but will this direction improve Twitter’s fortunes? Time will tell, but for the moment let’s think things over with another issue of Sociable Folktales.