"Twitter pulled back the curtain on its $1 billion initial public offering, revealing that the social network is still unprofitable."

"In its first public financial statement, Twitter said it lost $79.4 million on $316.9 million in sales in 2012. The company is on track for an even steeper loss in 2013, but sales are also rapidly increasing."

Email from CNN.

I wonder whether Twitter is on the upswing or decline. Decline, apparently, if you look at losses. But what is happening with readers? I feel like there are a lot of people talking, but not necessarily because they have anything to say, and fewer people are really reading. I used to do Twitter, and occasionally I participate there, but I think it's mostly a place for celebrities to be followed, for journalists to be forced to show their faces, and for some interesting things relating to politics in places that are not the United States.