Cheddar Morning Business Update 11/8: Twitter doubling character limit

Posted: Updated:

NEW YORK - Snapchat is getting a redesign so it will be easier for new users to understand it. Shares of Snap were down after the company reported its recent earnings. Revenue is less than expected and the company also added far fewer new subscribers than expected.

CEO Evan Spiegel admits Snapchat has received feedback that the app is "difficult to understand or hard to use."

Meanwhile, Twitter is doubling its character limit, going from 140 to 280 for all tweets except those in Chinese, Korean and Japanese. Twitter tested the use of longer tweets, and found that they allowed users to share their thoughts more easily

Lastly, it pays to be George Clooney. Clooney says he's probably done with acting for a while, one reason is he doesn't need the money!  Clooney recently sold his tequila company for $1 billion and says if he really needs money he'll do commercials, adding that he used to do ads for coffee.

  • BusinessMore>>

  • Fiat Chrysler choses Jeep exec Manley to replace ailing CEO

    Fiat Chrysler choses Jeep exec Manley to replace ailing CEO

    Saturday, July 21 2018 8:16 AM EDT2018-07-21 12:16:05 GMT
    Saturday, July 21 2018 1:39 PM EDT2018-07-21 17:39:09 GMT
    The boards of Fiat Chrysler, Ferrari and CNH Industrial meet after CEO Sergio Marchionne's surgery.
    The boards of Fiat Chrysler, Ferrari and CNH Industrial meet after CEO Sergio Marchionne's surgery.
  • Fiat Chrysler picks Jeep's Manley to replace ailing CEO

    Fiat Chrysler picks Jeep's Manley to replace ailing CEO

    Saturday, July 21 2018 12:41 PM EDT2018-07-21 16:41:17 GMT
    Saturday, July 21 2018 1:39 PM EDT2018-07-21 17:39:09 GMT
    (AP Photo/Carlos Osorio, FILE). FILE - In this file photo dated Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit, USA.  Fiat Chrysler's board on Sat...(AP Photo/Carlos Osorio, FILE). FILE - In this file photo dated Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit, USA. Fiat Chrysler's board on Sat...
    Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley executive replace seriously ill Sergio Marchionne as CEO of the automaker.
    Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley executive replace seriously ill Sergio Marchionne as CEO of the automaker.
  • Chinese leader arrives for Africa visit as US interest wanes

    Chinese leader arrives for Africa visit as US interest wanes

    Saturday, July 21 2018 2:45 AM EDT2018-07-21 06:45:50 GMT
    Saturday, July 21 2018 1:39 PM EDT2018-07-21 17:39:05 GMT
    Chinese president arrives for Africa visit as US interest under Trump wanes.
    Chinese president arrives for Africa visit as US interest under Trump wanes.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."