Twitter reported a lower-than-expected number of monthly active users in its second-quarter earnings release Thursday.<br /> The social media site currently has 328 million monthly active users, the same number as last quarter. Its revenue is still falling, coming down to $574 million as its advertising business continues to decline. In a letter to shareholders, Twitter said whatever "positive contributions" there were to user growth this quarter from making tweaks to the product were "offset... by lower seasonal benefits and other factors."<br /> The report comes a day after rival Facebook reported earnings, which beat Wall Street's expectations across the board with $9.32 billion in revenue..
