On Wednesday the stock fell as low as $37.24, 50 percent below its peak of $74.73 the day after Christmas, wiping almost $18 billion off Twitter’s market capitalization.(Also see: Twitter shares hit lowest point since debut on weak user data)The downgrades, and the subsequent swoon by the stock, reflect concern about slowing growth in Twitter’s user base and the company’s ability to reverse the trend. Year on year growth in the number of Twitter users has fallen for five straight quarters, and the company said on Tuesday that its 255 million monthly users, on average, appeared to check the service less frequently than a year ago.That in turn has fueled doubts that Twitter could one day attract as many users as Facebook Inc’s 1.2 billion, or match its much larger rival’s power as an advertising vehicle. It’s also raised questions over whether it can sustain growth over the long term.
The reorganization of the Transportation Dept begins next year and the budget includes partial year funding for hiring a new Director of Transportation. For city workers, the budget continues the multi year phase in of $15 minimum wage for all entry level jobs and adds funding for health insurance coverage for domestic partners recently repealed by the Governor and State Legislature. One of the items not included in the Mayor’s Executive budget is additional funds for the Beacon, the County led homeless day resource center opening later this month.
Readers who feel a deep connection to Florence and stay in touch by reading The Florentine in pdf format.Online, The Florentine is read more in New York than in Florence! Love for this city runs so deep that New Yorkers and Londoners stay connected to Firenze by reading TF online.Profilo dei LettoriI lettori di The Florentine sono interessati a stabilire rapporti di lungo periodo con persone e attivit sul territorio, desiderosi di esperienze autentiche, sono in grado di garantire significativi fatturati al settore turistico e a quelli collegati in tutti i periodi dell’anno. Sono i cosiddetti locals, referenti principali per l’informazione indipendente online e il passaparola.Un pubblico in prevalenza femminile, eterogeneo per et e reddito, sono pi spesso residenti stranieri, studenti o lavoratori, ma anche retired che si godono un meritato riposo in Italia. Fiorentini con esperienze lavorative all’estero, con coniugi o familiari stranieri, studenti universitari di facolt linguistiche..
Minor League Baseball: The restructuring of MiLB from 160 teams to 120 teams for the 2021 season moved forward this week with Major League Baseball (MLB) officially sending affiliation offers to 120 teams, which still have to agree to the terms of the MLB agreements before final alignment of teams among participating leagues is complete. MiLB will actually lose a total of 43 affiliated teams across leagues at all levels since 3 former independent teams will be moving up to the affiliated ranks. The restructuri.