2017Q4
Latest
What does Fitbit need to succeed?
Fitbit is the current king of wearables, but for how much longer? The company has recorded four successive quarters of losses since the tail end of 2016, and that's a problem. Fitbit will publish its latest earnings results later today, and those numbers won't just tell us how the company is faring, but also how the wearables industry is doing as a whole.
Twitter made its first profit, but still can't grow its user base
Back in October, Twitter promised that by the time the fourth quarter rolled around, it would be profitable, or just about. Since then, however, the company lost its de-facto CEO and continues to raise the ire of figures on both sides of the aisle. It comes as something of a surprise then, that Twitter has managed to turn its first ever quarterly profit of $91 million. If there was ever cause for optimism that the 12-year-old company will survive, it's the fact that it's now making money.
