A Surge Of New Users For Twitter
Average daily user growth spiked 34% in the second quarter, the company said Thursday, the largest jump in users ever recorded by the company.
The ruse discovered Wednesday included bogus tweets from Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities were also hacked. Hackers used social engineering to target some of Twitter’s employees and then gained access to the high-profile accounts. The attackers sent out tweets from the accounts of the public figures, offering to send $2,000 for every $1,000 sent to an anonymous Bitcoin address.
Escalating a battle between Madison Avenue and the social media industry, Unilever is suspending all U.S. advertising on Twitter, as well as Facebook Inc.’s Facebook and Instagram, for the rest of the year. “Given our responsibility framework and the polarized atmosphere in the U.S., we have decided that starting now through at least the end of the year, we will not run brand advertising in social-media newsfeed platforms Facebook, Instagram and Twitter in the U.S.,” the consumer goods giant stated.
The Center for Democracy and Technology, a Washington-based tech group supported by Facebook, Google and Twitter, filed a lawsuit against President Trump on Tuesday, alleging that his executive order targeting social media giants threatens to “curtail and chill constitutionally protected speech” during the presidential election.
Exclusives
Trump Echoes Nixon In Targeting Twitter
Preston Padden: “In Nixon’s railing against the liberal bias of the networks, one can almost hear Mr. Trump railing against social-media companies.”
Michael Depp and Harry Jessell discuss Cox’s appointment of Dan York as Cox’s new chief and Jessell’s forthcoming interview with Cox Executive Chairman Steve Pruett. They also tackle the president’s executive order threatening to take away immunity from social platforms if they tag content or go too far in regulating it.
President Trump’s taking aim at Twitter for fact-checking his tweets is part of a long tradition upheld by aggrieved internet trolls. The stakes are high.
Trump, a prolific Twitter user, has been at war with the company since earlier this week, when it applied fact checks to two of his tweets about mail-in ballots. The third tweet to be flagged started as a message of support for the governor of Minnesota, where there have been three days of violent protest
Without certain liability protections, companies like Twitter would have to be more aggressive about policing messages that press the boundaries — like the president’s.
Trump Wants FCC To Join Twitter Crackdown
The president today signed an executive order targeting Twitter and other social media. It comprises several directives, including one calling on the FCC to establish rules that would limit how far social media can go in tagging and censoring user content before risking the immunity they now have from libel and other civil actions arising from user content. Above, the president holds up a copy of the New York Post before signing the order.
Facebook Chief Executive Mark Zuckerberg distanced his company from Twitter and its fight with President Donald Trump, as the White House readied an executive order about social media companies. Trump, who accuses social media firms of bias against conservatives, without evidence, stepped up his attacks on Twitter after the company put a fact-checking label on two of his tweets about mail-in ballots on Tuesday for the first time.
The Trump administration is preparing an executive order intended to curtail the legal protections that shield social media companies from liability for what gets posted on their platforms, two senior administration officials said early Thursday. Such an order, which officials said was still being drafted and was subject to change, would make it easier for federal regulators to argue that companies like Facebook, Google, YouTube and Twitter are suppressing free speech when they move to suspend users or delete posts, among other examples. It’s almost certain to face a court challenge.
President Donald Trump on Tuesday accused Twitter of “interfering” in the 2020 election after it fact-checked two of his tweets pushing conspiracies about voting by mail.
Twitter added a link to two of President Trump’s tweets in which he had made false claims about mail-in ballots, urging people to “get the facts.”
The social media company came under fire — again — for not removing the president’s posts that contain falsehoods.
Twitter Reports Record Quarterly User Growth
Twitter looks like the latest social media company that will enjoy a stock boost, after it reported record quarterly user growth and topped analyst sales projections when it reported its 1Q financials on Thursday morning. The company, led by CEO Jack Dorsey, added 14 million monetizable daily active users during 1Q. Its sales of $807.6 million surpassed analyst estimates of $776 million.
Tweets about television are up in nearly every category from March 1 through April 15 compared with the same time last year, largely driven by the coronavirus pandemic, Nielsen found in a study, but one category stands out as a glaring exception: sports.
LOS ANGELES (AP) — Oprah Winfrey, Julia Roberts and former President George W. Bush will be among 200 star-studded participants in a 24-hour global livestream event. The Call to Unite event will kick off Friday evening to offer performances and conversations about overcoming the challenges of the coronavirus pandemic. Event organizers hope participants can help […]
Fox News is making a return to Twitter, more than a year after going silent on the social-media platform. Now the news outlet is poised to resurface on the venue, with executives envisioning the chance to use it as a service or a means of getting information about the coronavirus outbreak to followers. Approximately 18.5 million people follow the network on Twitter.
Twitter said today that Silver Lake will make a $1 billion investment in the company. That money, along with cash on hand, is expected to be put toward a $2 billion stock buyback. Jack Dorsey remains the social media company’s CEO.
Secret labs. Magic cures. Government plots. Despite efforts by social media companies to stop it, false information about the coronavirus is proliferating around the world.
Twitter’s 4Q Users, Sales Top Expectations
Twitter early Thursday posted $1.01 billion in fourth-quarter revenue, beating Wall Street estimates in a crucial quarter that’s being heavily scrutinized after some glitches in its advertising products resulted in disappointing sales growth in the quarter before.
The company earned a wave of praise from Democrats over its move, announced Wednesday, but faced harsh criticism from many on the right, who questioned if it amounted to censorship.
The social media service’s CEO Jack Dorsey says: “While internet advertising is incredibly powerful and very effective for commercial advertisers, that power brings significant risks to politics, where it can be used to influence votes to affect the lives of millions.”
Twitter Rev Hit By Lower Advertising, Demand
Twitter Inc. posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%.
U.S. Olympics rightsholder NBCUniversal has reach as agreement with Twitter by which the social media giant will show limited live event coverage of the Tokyo games next year along with highlights and a daily show. While the overwhelming majority of the thousands of hours of Olympic coverage will remain on NBC’s TV and digital streaming platforms, the deal is the furthest the company has gone in letting some live video leave its ecosystem.
In Tuesday night tweet, the president took a shot a FNC, singling out anchor Martha MacCallum. “Just watched Rep. Eric Swalwell be asked endless softball questions by @marthamaccallum on @FoxNews about the phony Witch Hunt. He was just forced out of the Democrat Presidential Primary because he polled at ZERO. Fox sure ain’t what it used to be. Too bad!”
After a year of debate and criticism, an effort to add to a policy on banned speech led to a narrower restriction that applies only when religious groups are targeted.
Bannister Lake, a provider of professional video graphic display solutions for broadcast television, cable, satellite, audio/visual and information presentation applications, eSports, and digital signage, has augmented and enriched its Chameleon Twitter management tools, providing producers with a social media search solution that allows them to easily pinpoint relevant Twitter content and take it to air. Chameleon’s […]
