Cheddar Morning Business Update 11/8: Twitter expands to 280 characters

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  • 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." 
  • 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
  • George Clooney says he's probably done with acting for a while. One reason could because he doesn't need the money! Clooney recently sold his tequila company for a $1 billion. He says if he really needs money he'll do commercials, adding that he used to do ads for coffee. 
  • BusinessMore>>

  • Google, Facebook, others speak out against child separation

    Google, Facebook, others speak out against child separation

    Tuesday, June 19 2018 5:51 PM EDT2018-06-19 21:51:21 GMT
    Friday, June 22 2018 8:55 AM EDT2018-06-22 12:55:07 GMT
    CEOs of Facebook, Google, Apple and others speak out against child separations at the border.
    CEOs of Facebook, Google, Apple and others speak out against child separations at the border.
  • South Korean president in Russia to boost economic ties

    South Korean president in Russia to boost economic ties

    Friday, June 22 2018 8:53 AM EDT2018-06-22 12:53:29 GMT
    Friday, June 22 2018 8:53 AM EDT2018-06-22 12:53:34 GMT
    (Sergei Karpukhin/Pool Photo via AP). South Korean President Moon Jae-in and his wife Kim Jung-sook, left, attend a wreath laying ceremony at the Tomb of the Unknown Soldier near the Kremlin in Moscow, Russia, Thursday, June 21, 2018.(Sergei Karpukhin/Pool Photo via AP). South Korean President Moon Jae-in and his wife Kim Jung-sook, left, attend a wreath laying ceremony at the Tomb of the Unknown Soldier near the Kremlin in Moscow, Russia, Thursday, June 21, 2018.
    South Korean President Moon Jae-in is in Moscow on a state visit intended to boost bilateral economic ties.
    South Korean President Moon Jae-in is in Moscow on a state visit intended to boost bilateral economic ties.
  • Global markets, oil rise as OPEC mulls output increase

    Global markets, oil rise as OPEC mulls output increase

    Friday, June 22 2018 3:42 AM EDT2018-06-22 07:42:25 GMT
    Friday, June 22 2018 8:52 AM EDT2018-06-22 12:52:36 GMT
    (AP Photo/Mark Schiefelbein). A Chinese investor monitors stock prices at a brokerage house in Beijing, Friday, June 22, 2018. Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between Chin...(AP Photo/Mark Schiefelbein). A Chinese investor monitors stock prices at a brokerage house in Beijing, Friday, June 22, 2018. Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between Chin...
    Asian stocks are mixed as investors are still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs.
    Asian stocks are mixed as investors are still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs.
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