In a letter to shareholders, Twitter disclosed plans to cut up to 9 percent of its global workforce, or roughly 350 workers. As a result, the company’s net loss declined to $102.9 million during the third quarter compared to $131.7 million the year prior. The company’s revenue growth was driven in part by a 6 percent increase in advertising revenue, which continues to make up the bulk of its sales. Dorsey said that Twitter users have always taken to the platform to share their opinions on the television and Internet content they consume. Twitter reported Thursday that it pulled in an average 3.3 million unique viewers during its livestream of the second and third debates.

Source: Washington Post October 27, 2016 11:56 UTC