Twitter averaged 313 million users a month in the April-June period, a gain of just 3 million from the previous quarter. Twitter hasn't publicly expressed any interest in selling, but little or no growth often culminates in acquisitions in internet industry. Even more telling, Twitter has only added 9 million monthly users since the San Francisco company brought back co-founder Jack Dorsey as CEO a year ago. The 10-year-old company's second-quarter report, released Tuesday, provided another sobering snapshot of Twitter stuck on a treadmill, as other digital communications channels such as Facebook and Snapchat are racing ahead in the battle for people's attention and allegiance. Twitter doesn't break down its daily audience, but Jefferies internet analysts peg the number at 140 million.

Source: CBC News July 26, 2016 21:00 UTC