TWITTER POSTS STRONG USER GROWTH
5 Shares of Twitter Inc. jumped on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time. The surprising acceleration, which Twitter attributed to new features and heightened user interest in political news, followed several quarters of stalled user growth that raised questions about Chief Executive Jack Dorsey’s leadership and speculation the platform may be bought by a bigger company. Twitter reported yearly growth of 6 percent in monthly active users, a key performance indicator for social networking services typically calculated by taking the number of users who have logged in and logged out during the 30day period, to 328 million. On a quarterly basis, Twitter added nine million monthly users.