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Twitter Inc's quarterly earnings and revenue blew past expectations, but its monthly average user number grew at its slowest pace since it went public in 2013, and its shares fell about 7 percent after hours. "We do not expect to see sustained meaningful growth in maus until we start to reach the mass market," Chief Financial Officer Anthony Noto said, referring to monthly active users of the microblogging service. "This is unacceptable and we're not happy about it," Jack Dorsey, who stepped in as interim chief executive on July 1, said on a call with analysts.
The National Transportation Safety Board said the deadly crash could have been avoided if Scaled Composites, which built the vehicle for Virgin Galactic, had anticipated potential piloting mistakes and installed systems to avert the premature brake deployment that downed the SpaceShipTwo. Both men were employees of Scaled Composites, a subsidiary of US group Northrup Grumman. The October 31 accident delayed the space-tourism goals of British billionaire Richard Branson, owner of Virgin Galactic, as he prepared to transport the first paying customers to the edge of space more than 62 miles (100 kilometers) above Earth.