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Business Matters: Trouble at Twitter

News

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28/10/2016 GMT

Trouble at Twitter

BBC World Service - Business Matters, Trouble at Twitter

Twitter axes Vine app; CETA is back on, for now; Human cost of Italy's bank crisis

Twitter in trouble; CETA back on after Wallonian objections are met; The human cost of Italy's banking crisis; Jon Sopel's campaign trail; The political cost of a pain au chocolat

They may have over 300 million active users, but Twitter is struggling. Growth is slow and bids from potential suitors have failed to materialise. The company announced on Thursday it will axe 9% of its workforce and close the video-sharing app, Vine. Casey Newton, Silicon Valley editor at the online tech magazine The Verge explains why 140 characters may not be enough. 

CETA - the trade deal between Canada and the EU is back on - for now. Seven years in the making, until a few hours ago it seemed unlikely to succeed due to the objections of Wallonia, a small region of Belgium. So what has changed minds, and is everybody celebrating? We hear the arguments.

Italy's banking sector is suffering from a surfeit of bad loans. Tony Bonsignore presents a moving story of the human cost of this crisis. 

Our North America editor Jon Sopel sends his regular despatch from the campaign trail. This week he is on board Hill Force One.  

Plus, an embarrassing faux pas for a potential French presidential candidate - we discuss the importance of appearing in touch with everyday life in these populist times. 

Roger Hearing is joined by Stephanie Studer, Seoul bureau chief of The Economist, and by Kara Alaimo, assistant professor at Hofstra University and author of Pitch, Tweet, or Engage on the Street.

(Photo: Twitter logo on a screen. Credit. Leon Neal/Getty Images)

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