Tag: Twitter

Twitter CEO Loses 200,000 Followers After Locked Accounts Deletion

Twitter CEO Loses 200,000 Followers After Locked Accounts Deletion

Twitter CEO Jack Dorsey revealed this week that he lost around 200,000 followers after his company moved to delete “locked accounts” in its efforts to rid the platform of bots. Twitter’s own account had also reportedly lost a significant number of followers, around 7.7 million. It is said that the crackdown was prompted by Unilever’s move to prevent the spread of fake followers. The consumer goods company said that it would no longer be working with influencers that artificially inflate their follower count. It was also reported that President Donald Trump lost around 300,000 followers while former President Barack Obama […]

Twitter Shares Slide After Reports of User Decline

Twitter Shares Slide After Reports of User Decline

Twitter shares fell around 9% last Monday, possibly prompted by reports of decline in monthly active users due to suspension of fake accounts in May and June. It was estimated that the fall took down the microblogging site’s market valuation by $3 billion, which had stood at about $35 billion on Friday. Analyst Ali Mogharabi commented that the market reaction is likely due to the assumption that a lower user count would attract less ad dollars. He added that big advertisers now pay more attention to the content quality alongside which their ads are placed. Twitter told its shareholders that […]

Twitter Launches Ad Transparency Center Ahead of 2018 Elections

Twitter Launches Ad Transparency Center Ahead of 2018 Elections

Twitter announced Thursday that it has released a tool that will show users who paid for the political ads that appear in their feeds. Users can also see in the Ad Transparency Center how much advertisers spend and the factors they use for targeting.   A visual badge will now mark ads which are political in nature. According to Twitter’s GM of revenue product Bruce Falck, the newly launched portal will help users easily know which tweets are political campaign ads.   Source: ZDNet

Twitter Launches Support for Physical Security Keys

Twitter Launches Support for Physical Security Keys

Twitter announced last Tuesday that it will now be supporting universal two-factor (U2F) devices which are used as physical security keys for login verification. The small keyring-sized devices boosts Twitter’s security since it is still possible for SMS verification codes to get intercepted. The associated key will also provide protection against fake Twitter pages that try to phish passwords and other sensitive information. Twitter says that users that have their mobile numbers linked with their account will be able to set up the physical two-factor key. Those who already have the setting enabled can use Twitter’s support page to set […]

Hezbollah Accounts Shut Down by Twitter, Facebook

Hezbollah Accounts Shut Down by Twitter, Facebook

Terror group Hezbollah complained last Saturday that Facebook and Twitter had taken down its main accounts. Hezbollah reportedly posted on Telegram that the tech giants’ move were “part of the propaganda campaign against the resistance due to the important role of the organization’s information apparatus in various arenas.” Sources have said that Israeli officials had threatened the companies with legal action if they refused to remove terrorist accounts and material from their platform. Source: Fox News

Tech Firm Consortium Laud Progress on Blocking Terrorist Content

Tech Firm Consortium Laud Progress on Blocking Terrorist Content

The Global Internet Forum to Counter Terrorism (GIFCT), which is a consortium of leading tech firms and governments, said this week that it was exceeding its targets in preventing terrorist content online. In a meeting last Friday, the group reported that 88,000 “hashes”, which are digital fingerprints used to identify content, of terrorism-related content had been added to the coalition’s shared database. Twitter also revealed that it has developed a database of web addresses that it has blocked on its own network which has been made available to other coalition members. Google, Facebook, Microsoft, and Twitter are some of the […]

Megaupload Founder Calls for Facebook, Twitter Replacement

Megaupload Founder Calls for Facebook, Twitter Replacement

Megaupload founder Kim Dotcom tweeted this week that he wants to build a social network that would replace Twitter and Facebook. Dotcom also called on whistleblower Edward Snowden, Julian Assange of WikiLeaks, and Germany’s Chaos Computer Club to join him in making an alternative that provides real privacy and zero censorship from a trusted source. Cyber-security expert Alan Woodward meanwhile said that the issue revolved around trust, and Facebook and Twitter may have learned new lessons after their recent privacy problems. He also remarked that users may prefer the devil they know than the devil they don’t. Source: BBC

Uganda Moves to Impose Gossip Tax on Facebook, WhatsApp

Uganda Moves to Impose Gossip Tax on Facebook, WhatsApp

The Ugandan parliament recently passed a law that imposes a controversial tax on the usage of messaging apps such as WhatsApp, Viber, and Twitter. The law, which was supported by President Yoweri Museveni, seeks to discourage the use of social media as it encourages the spread of gossip according to the government. The law, which will take effect on July 1, will impose 200 shilling or $0.05 a day on app users. However, many doubt that the government will be able to implement it effectively. The president, who pushed for the law, nevertheless said that internet data should not be […]

Twitter’s Jack Dorsey Supports Adoption of Bitcoin

Twitter’s Jack Dorsey Supports Adoption of Bitcoin

Twitter CEO Jack Dorsey recently expressed his interest in cryptocurrencies such as Bitcoin and said that he would like to see it adopted as global means of payment. Dorsey, who is also CEO of Square, said that he believes Bitcoin, or another cryptocurrency, will become the internet’s native currency. It is said that Dorsey wants to have his company at the forefront of cryptocurrency adoption as it would lower the barrier for Dorsey’s payments company to enter new markets. According to Nomura Instinet, Square’s mobile payment app, which was launched in January, is growing faster than PayPal’s Venmo partly due […]

Twitter Launches New Strategy Against “Trolls”

Twitter Launches New Strategy Against “Trolls”

Twitter announced Tuesday that it will be using a new strategy involving the use of behavioral signals to identify internet “trolls” and limit the visibility of their tweets. CEO Jack Dorsey revealed that behavior such as the frequency of tweets from users about accounts that do not follow them, or users that have not confirmed their email address will determine where and how their tweets will appear on the service, even if the tweets themselves are not violating any rules. Dorsey said that this should take some of the burden off people who report abusive tweets, citing that past efforts […]