Farhad’s and Superior Mike’s Week in Tech: There’s No Flying Car

Amazon, Microsoft and Google are all making bundles off their cloud businesses. Twitter’s ad revenue is falling but, in a surprise, it added nine million more monthly active users — it now has 328 million.

That’s less than half the number at Instagram, which didn’t report earnings (it’s owned by Facebook, which reports next week) but did say it had crossed the 700 million-user mark. That resonated with me, as I’ve been spending a lot more time on Instagram lately — at the expense of Twitter.

Michael: It still strikes me as remarkable, and a little sad, that Twitter can be at the center of political discourse these days and still can’t somehow figure out a way to increase its business. Maybe it’s still too early for any Trump-related activity to filter into those financial results, but that glimmer of hope investors see…

Complete article from the original source…

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