Join Transform 2021 this July 12-16. Register for the AI event of the year.

Today Twitter closed the day trading below $20 a share — an all-time low for the company and a threshold that makes Twitter’s financial situation feel all the more dire.

Three days ago, CEO Jack Dorsey offered soft confirmation that the company is considering expanding its famous 140-character limit — the one set in place due to the historical limitations of carrier text messaging. That limit could soon reach as high as 10,000 characters, according to Re/code.

News of the potential change arrived during CES, Vegas’ massive annual technology conference, where Twitter maintained a quiet presence inside this secret conference area that looks like a theme park.

Investors don’t appear thrilled by the 10,000-character idea, nor has Twitter managed to offer a solution for their primary concern: user growth. We’ll find out if Dorsey’s managed to swing growth momentum in the right direction in February, when the company is scheduled to report its fourth quarter 2015 earnings.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member