Report: Twitter's Growth is Behind Schedule

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Twitter has about 240 million users and is projected to end the year with 260 million, a far cry from the 400 million that CEO Dick Costolo had projected, according to a report.

Citing unnamed sources, All Things D reports that Twitter has been adding fewer than 4.5 million users per month this year, accumulating to 30% growth by the end of 2013. Costolo told Twitter employees a few months ago that he believed the company would grow 100% in 2013 — from 200 million to 400 million

Twitter representatives could not be reached for comment on the report. Read more...

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