Situational awarenesses: The S&P 500 closed at a record high for the first time since September, while the Nasdaq closed at a new high for the first time since August.
Twitter CEO Jack Dorsey. Photo: David Becker/Getty Images
No matter how much you've read about Twitter’s troubles, the platform is enjoying a burst of encouraging signs:
Why it matters: When news happens, and when there's a major cultural event, Twitter is the second screen.
The big picture: Snapchat has more daily active users (186M). So does Instagram (500M for stories alone). And Facebook itself has 1.5 billion, The Verge notes.
Between the lines: "Twitter, which has a history of being slow to make changes to its service, has recently increased the pace of new product introductions," Bloomberg reports.
P.S. Twitter CEO Jack Dorsey and President Trump met behind closed doors at the White House today, as Motherboard first reported.
Procter & Gamble "has developed a way to make laundry detergent, hand soap and shampoo without a key ingredient: water," the WSJ notes.
Why it matters: "Executives said the new dry soaps and cleaners, which come in the form of small, fabric-like 'swatches' that foam when users add water during washing or cleaning, will reduce substantially water used in production and be lighter and smaller to package and ship."