Twitter posts Q3 net loss due to lawsuit settlement


There are mixed results from quarterly earnings from Google and Twitter digital ad spending a Google drove its parent company alphabet's profits up sixty eight percent in the third quarter Google is the world's dominant search engine it owns the biggest mobile operating system and android and runs YouTube according to eMarketer Google holds twenty nine percent of the global four hundred fifty five billion dollar digital ad market Twitter posted a net loss mainly because of a lawsuit settlement but its revenue rose sharply in the third quarter boosted by solid ad sales worldwide Twitter says it has two hundred eleven million daily active users on average in the third quarter up thirteen percent from a year earlier I'm a Donahue

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