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>>

  • APNewsBreak: NTSB hasn't fully examined limo in fatal crash

    APNewsBreak: NTSB hasn't fully examined limo in fatal crash

    Thursday, October 18 2018 8:39 PM EDT2018-10-19 00:39:09 GMT
    Friday, October 19 2018 5:53 AM EDT2018-10-19 09:53:49 GMT
    (Tom Heffernan Sr. via AP, File). FILE  - In this Saturday, Oct. 6, 2018 file photo, a body is draped under a blanket at the scene of a fatal crash in Schoharie, N.Y. A criminal case is preventing federal safety officials from conducting a full examina...(Tom Heffernan Sr. via AP, File). FILE - In this Saturday, Oct. 6, 2018 file photo, a body is draped under a blanket at the scene of a fatal crash in Schoharie, N.Y. A criminal case is preventing federal safety officials from conducting a full examina...
    A criminal case is preventing federal safety officials from being able to conduct a full examination of the limousine involved in a crash that killed 20 people nearly two weeks ago in upstate New York.
    A criminal case is preventing federal safety officials from being able to conduct a full examination of the limousine involved in a crash that killed 20 people nearly two weeks ago in upstate New York.
  • Italian markets hit by concerns over budget spat

    Italian markets hit by concerns over budget spat

    Friday, October 19 2018 6:09 AM EDT2018-10-19 10:09:13 GMT
    Friday, October 19 2018 6:09 AM EDT2018-10-19 10:09:14 GMT
    Italy's financial markets are shaken following the European Union's stinging rebuke of the new populist government's budget bill, which pushes the deficit beyond previously agreed levels.
    Italy's financial markets are shaken following the European Union's stinging rebuke of the new populist government's budget bill, which pushes the deficit beyond previously agreed levels.
  • China's economic growth slows amid trade battle with US

    China's economic growth slows amid trade battle with US

    Thursday, October 18 2018 10:29 PM EDT2018-10-19 02:29:09 GMT
    Friday, October 19 2018 5:37 AM EDT2018-10-19 09:37:00 GMT
    China's economic growth slows further in latest quarter, adding to challenges for communist leaders amid a mounting tariff battle with Washington.
    China's economic growth slows further in latest quarter, adding to challenges for communist leaders amid a mounting tariff battle with Washington.
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."