Twitter Users Not Impressed Over CEO Jack Dorsey’s Big Product Change
By Samir Ghanmi | Feb 11, 2016 07:39 PM EST
Twitter's chief executive officer Jack Dorsey has promised big changes to the micro-blogging-service since his return to Twitter Inc in July.
So far it has been an unsuccessful outcome to the new features on what mainly Wall Street wants to do is to get more people to use the service.
Twitter's stock price observed by Analysts, shows rating reaching low record, which makes the company unlikely to get back on its feet unless it offers significant user growth.
Topeka Capital Markets analyst, Blake Harper says, "They've been a public company long enough where they should have been able to increase the user base and fix a lot of the product issues to appeal to a larger audience,"
When Twitter gave out its fourth-quarter earnings on Wednesday, Dorsey released a letter to shareholders outlining for the first time his strategy for the future of the company. But many details lacked the plan about upcoming product and appeared much more prominent the first time by flat user growth in the quarter since Twitter went public in 2013.
The weak growth of Twitter mirrors an unsettling reality that the product change have not re-boosted any hype to its users.
Analysts say back in October, Dorsey showed moment aiming to make it easier for users to follow major events and breaking news, unfortunately it has failed to maintain gain.
One of Dorsey's experiment was expanding the 140 character limit, a change that came to be Twitter's signature features.
Twitter announced on Wednesday that it would be making changes to its timeline, where the customized homepage offers algorithmic driven feed of tweets that each users would find it interesting, instead of the same presentation of tweets in reverse arranged order.
Users have responded differently in the radical change to Twitter ever since the use of the hashtag #RipTwitter was introduced to the service.
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