Three Things (July 15th)

Thursday, Jul 15th 2021


“Be not afraid of greatness. Some are born great, some achieve greatness, and others have greatness thrust upon them.” - William Shakespeare

1) Twitter shuts down Fleets just eight months after official launch, as the company struggles to drive higher user engagement

Twitter is shutting down Fleets, after consistently low product usage. Fleets, which featured Instagram Story-like disappearing content, was Twitter’s latest attempt to encourage more users to actively tweet rather than just consume content, something the company has struggled to execute. Having more products on a platform allows a company to offer a greater pool of advertising inventory, which ultimately drives revenue. Twitter must drive higher user engagement to bring its ARPU closer to the levels of other social media platforms. We will continue to monitor Twitter’s ability to gain traction around this critical KPI.

2) The New York Times has hired a new CTO to help drive subscription growth

Jason Sobel will become the new Chief Technology Officer at The New York Times (NYT, a holding in Titan’s Opportunities portfolio), as the company seeks to develop its technology platform and increase its subscriber base. Sobel has an impressive track record of success at Facebook and Quantifind, and most recently serving as the Head of Infrastructure at Airbnb. With 7 million current subscribers, NYT believes Sobel can accelerate growth by improving search functionality and the overall user experience on the platform. We are encouraged by this announcement, as part of our NYT thesis is predicated on the belief of upside in subscriber growth. Sobel will need some time to implement his architectural plans, after which we expect to see both an acceleration in subscriber growth as well as ARPU improvement.

3) Microsoft’s release of Windows 365 brings PCs to the cloud, as Nadella’s leadership keeps innovation apace

Microsoft, held in Titan’s Flagship portfolio, will now allow users to access its Windows 10 or 11 environments from any web browser instead of having its operating system tied to a single endpoint. The Cloud PC will be powered by the Azure Virtual Desktop, enabling businesses and enterprises to scale processing power as needed while providing for seamless workflows. This development should open access to virtualized services, which are critical for hybrid work environments. We continue to be pleased with Microsoft’s pace of innovation and consistent focus on removing frictions for users. Satya Nadella’s visionary leadership and ability to execute gives us confidence that Microsoft will continue to compound value as a leading technology company.

Back to Research ↗

Learn with titan

Investment articles and resources

Become the smartest investor you've ever been through straightforward, easy-to-read investment articles.

What Is a Stock Portfolio?

How Much Should You Save For College?

Understanding Automatic Rebalancing: What, Why, & How?

What Is a Private Key in Crypto?

Ready to become a client?

It’s time to give your wealth a future.

We'll be right here by your side.

Various Registered Investment Company (“RIC”) products offered by third-party fund families and investment companies are made available on the platform. Certain of these RIC products are offered through Titan Global Technologies LLC. Other RIC products are offered to advisory clients by Titan. Before investing in such RIC products you should consult the specific supplemental information available for each product. Please refer to Titan's Program Brochure for important additional information.

The cash sweep program is made available in coordination with Apex Clearing Corporation through Titan Global Technologies LLC. Please visit for applicable terms and conditions and important disclosures.

Cryptocurrency advisory services are provided by Titan. Cryptocurrency trading is provided by Apex Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Titan Global Technologies LLC. Please ensure that you fully understand the risks involved before trading:

Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.

Contact Titan at 508 LaGuardia Place NY, NY 10012.

© Copyright 2022 Titan Global Capital Management USA LLC. All Rights Reserved.






Help Center