• Going viral: Silencing its critics, Twitter posted strong second quarter results, adding 16 million new monthly active users and boosting its user base by 24 percent from this time last year.
  • #Disappointing: In other Twitter news, the company recently revealed data about the composition of its workforce. It turns out that 90 percent of tech staff and 70 percent of all staff are men, and men make up 79 percent of its leadership. Only 2 percent of the staff is African American, and Latinos make up 3 percent. Its VP for diversity said that like similar companies, Twitter “has a lot of work to do” in this area.
  • Balancing act: Reddit has always been a niche social network that never embraced advertising as a source of revenue. That apparently will change now, as Reddit, which is majority-owned by Conde Nast,  is trying to attract advertisers without losing its unique culture.
  • Busted: A Maryland man taunted local police by posting on the police Facebook page (under his own mugshot) that the cops would never catch him—but the police caught him for a probation violation the next day, primarily by using Facebook.