Twitter Inc. is reportedly working on a new product that would extend the 140-character count of tweets, Recode reported, citing people familiar with the matter. It is unclear whether the product would be part of the existing Twitter platform or outside of it. Twitter did not immediately respond to a request for comment. Twitter is still looking for a permanent chief executive and has been contemplating or implementing platform changes, such as unlimited characters in direct messages and a proposed way of curating tweets around subject areas or events. Shares of Twitter were up 1.3% Tuesday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News