Twitter swallowed social app developer Yes and is getting a new product head as part of the deal.
Keith Coleman, formerly CEO of the Palo Alto startup, is joining Twitter as vice president of product development. “Yes! Keith and team are joining Twitter to help lead and strengthen our service!” wrote Twitter CEO Jack Dorsey in a message on the social network.
The post of head of product development has been vacant for some time at Twitter, which has been struggling to boost its user base and turn a profit. In the third quarter, the company posted a loss of $103 million on revenue of $616 million. Average monthly active users grew in the quarter by 3 percent year-on-year to 317 million.
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Source: COMPUTER WORLD