Money

Twitter officially shuts down “Fleets” feature

Published

3 years ago

August 3, 2021

Anthony Lucas

Twitter has officially shut down its stories feature

Twitter Fleets was closed off today after the company announced its closure late last month.

Twitter’s Fleets platform was announced in March 2020 as a response to the huge success of Instagram Stories.

But the platform says it didn’t live up to its hype, announcing the company will be working on “something else.”

Fleets are going away tomorrow but hey i’m still here – gay (promoted!) comms manager https://t.co/EoJBpe9JVc
— Twitter Comms (@TwitterComms) August 3, 2021

After eight months, Twitter is saying goodbye to its ‘fleets’ feature

The social media platform will ditch its Instagram stories copycat. Starting on August 3rd, users will instead just see active Spaces — Twitter’s live audio chat rooms — at the top of their timelines.

Twitter’s decision to scrap its stories feature isn’t just an admission that the feature didn’t work, but goes to show that the company still hasn’t figured out how to get people onto the platform.

Twitter’s history of struggle

For years, Twitter has struggled to get new users to post regularly and not just consume other people’s tweets. Fleets was its shot at using Stories, the popular social media format invented by Snapchat and further popularised by Instagram, to lower the pressure around tweeting.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending