Twitter sees earnings rise steeply and takes ‘deep learning’ start-up over




Twitter has the operating results for the second quarter of this year published: it shows that the number of active users and revenues have risen sharply. The social network took the deep learning-start-up Madbits over.

In total counts Twitter now 271 million active users, twelve percent more than the 241 million users of three months ago and an increase of 24 percent compared to a year earlier. The increase appears mainly due to the activity around the World Cup football, but CEO Dick Costolo says that the social network is not dependent on major events in order to grow.

Besides the user activity also increased the income of the company. Twitter saw its sales in the second quarter to grow to 312 million dollars, converted about 233 million euros, an increase of 29 percent from 180 million euros in the previous quarter. Per thousand views on timelines now $ 1.60, 1.19 euros converted. The company earns This is an increase of eight percent from the previous quarter and an increase of one hundred per cent in a year.

The social network also announced that the startup Madbits takes over . This company develops technology for the context of pictures on the Internet can be determined before the developers make use of deep learning. These neural networks are used which are modeled brains. The company would have the technology already successfully tested and ready to apply. In practice There are no further details will be published on the acquisition.

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