The logo of Twitter and Facebook are seen through a magnifier on December 16. Recent surveys show Twitter losing share to faster growing competitors such as Facebook's Instagram and Snapchat, despite a number of product and partnership launches in 2015. Photo: Reuters

Twitter appears ready to expand beyond 140-character tweets, but still wary of gasbags

More revenue could help social networking service turn a profit for first time as it battles reputation of being merely an ‘afterthought in social media right now’

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The logo of Twitter and Facebook are seen through a magnifier on December 16. Recent surveys show Twitter losing share to faster growing competitors such as Facebook's Instagram and Snapchat, despite a number of product and partnership launches in 2015. Photo: Reuters
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