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| Twitter results disappoint | |
| (35 minutes later) | |
| Twitter reported a rise in revenue for the three months to September, but missed analysts' expectations with slow user growth numbers. | |
| The social networking site reported revenues of $569m, up 58% from $361m during the same period last year. | The social networking site reported revenues of $569m, up 58% from $361m during the same period last year. |
| It also said that monthly active users were up 11% year-on-year, to 320 million. | It also said that monthly active users were up 11% year-on-year, to 320 million. |
| However, compared with the previous quarter, active users grew just 1.2%, disappointing investors. | |
| Advertising revenue was $513m for the period, an increase of 58% from $361m over the prior year. | Advertising revenue was $513m for the period, an increase of 58% from $361m over the prior year. |
| "We've simplified our roadmap and organization around a few big bets," wrote chief executive Jack Dorsey, "across Twitter, Periscope, and Vine that we believe represent our largest opportunities for growth." | "We've simplified our roadmap and organization around a few big bets," wrote chief executive Jack Dorsey, "across Twitter, Periscope, and Vine that we believe represent our largest opportunities for growth." |
| Dave Lee, North America technology reporter, San Francisco | |
| During tonight's first World Series baseball match - between the Kansas City Royals and the New York Mets - millions of viewers will see an advert from Twitter promoting its 'Moments' feature. | |
| The ad campaign will run into 2016, and is yet another attempt by Twitter to help normal people (i.e. not media geeks, politicians or trolls) find some kind of continued use for Twitter. | |
| Moments, Twitter chief exec Jack Dorsey hopes, will make it much easier for users to follow events. "You don't have to do any of the work," he said. | |
| Baseball is a sport that loves its statistics. So here's a couple about Twitter right now: 307 million monthly active users, with just 3 million added since June. | |
| That's terrible, and they know it. Big money ads alone won't be enough to change that. | |
| Follow Dave Lee on Twitter @DaveLeeBBC |