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>>

  • Book Trump? Interest groups press case at his properties

    Book Trump? Interest groups press case at his properties

    Thursday, February 22 2018 1:27 AM EST2018-02-22 06:27:36 GMT
    Thursday, February 22 2018 5:57 PM EST2018-02-22 22:57:44 GMT
    (AP Photo/Alex Brandon, File). FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel in Washington. Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to inf...(AP Photo/Alex Brandon, File). FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel in Washington. Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to inf...
    Quid pro Trump? Special interests are holding meetings at properties owned by President Trump, putting money in his pockets as they seek to influence his administration.
    Quid pro Trump? Special interests are holding meetings at properties owned by President Trump, putting money in his pockets as they seek to influence his administration.
  • Russian indicted by US seen as doing favors for Putin

    Russian indicted by US seen as doing favors for Putin

    Thursday, February 22 2018 5:05 PM EST2018-02-22 22:05:34 GMT
    Thursday, February 22 2018 5:56 PM EST2018-02-22 22:56:29 GMT
    (AP Photo/Alexander Zemlianichenko, file). FILE - In this Tuesday, Aug. 9, 2016 file photo, businessman Yevgeny Prigozhin, left, gestures on the sidelines of a summit meeting between Russian President Vladimir Putin and Turkish President Recep Tayyip E...(AP Photo/Alexander Zemlianichenko, file). FILE - In this Tuesday, Aug. 9, 2016 file photo, businessman Yevgeny Prigozhin, left, gestures on the sidelines of a summit meeting between Russian President Vladimir Putin and Turkish President Recep Tayyip E...
    The journey of Russian businessman Yevgeny Prigozhin has led from prison to wealthy entrepreneur.
    The journey of Russian businessman Yevgeny Prigozhin has led from prison to wealthy entrepreneur.
  • Perdue to food box critics: Give the idea a chance

    Perdue to food box critics: Give the idea a chance

    Thursday, February 22 2018 3:44 PM EST2018-02-22 20:44:36 GMT
    Thursday, February 22 2018 5:55 PM EST2018-02-22 22:55:28 GMT
    (AP Photo/Susan Walsh, File). FILE - In this Feb. 6, 2018, file photo, Agriculture Secretary Sonny Perdue testifies on Capitol Hill in Washington. Perdue is defending a proposal that would cut food stamp benefits in half and replace them with a pre-ass...(AP Photo/Susan Walsh, File). FILE - In this Feb. 6, 2018, file photo, Agriculture Secretary Sonny Perdue testifies on Capitol Hill in Washington. Perdue is defending a proposal that would cut food stamp benefits in half and replace them with a pre-ass...
    Agriculture Secretary Sonny Perdue is defending a proposal that would cut food stamp benefits in half and replace them with a box of shelf-stable goods delivered to recipients' doorstep.
    Agriculture Secretary Sonny Perdue is defending a proposal that would cut food stamp benefits in half and replace them with a box of shelf-stable goods delivered to recipients' doorstep.
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