Shares of Twitter Inc fell 9 percent on Monday after a report said the social media company had suspended more than 70 million fake accounts in May and June, which could lead to a decline of monthly active users in the second quarter.
The slump wiped about $3 billion from the microblogging site’s market valuation, which had stood at about $35 billion on Friday. Twitter shares were last down 8.6 percent at $42.62.
A separate report over the weekend suggested that many of these accounts were dormant, so the response to Twitter deleting them makes no sense to me. Even if the primary measurement is “active accounts” deleting fake accounts should have no effect on the valuation of the company.
And, how many Nazis remain?
Twitter is worthless and the surface.
Delete Twitter.
And tell that a-hole Dorsey that trump’s use of twitter violates the user agreement and is not of any historical relevance. He should be banned. Msysbe you can restore what little dignity you have.
The guy who invented the World Wide Web Tim Berners-Lee, is working on a secure platform for the Internet, and it already has a replacement for Twitter – Mastadon. There’s a great article in Vanity Fair…
https://www.vanityfair.com/news/2018/07/the-man-who-created-the-world-wide-web-has-some-regrets
The market is often utterly irrational in the short term, and on “tech”.
(“Never care about market cap unless you’re running a company and worried about a hostile takeover” is excellent advice.)
no he doesn’t. read the article again. he’s not the one that is creating Mastadon .
if anything he’s trying to create a non VR version of Oasis. which is noble but until the world is covered in high speed and low cost fiber etc tech he’s never going to fulfill his desire to make the internet available to all cause many places lack the basic lines needed for access
delete Twitter
The stock market seems to value numbers, no matter what they represent. Like crowd size, the numbers may be good, or represent all that is bad.
You keep saying that. You’ve made your point. There’s no need to make it every time we post a story about Twitter. You don’t like Twitter. We get it. Move on.
You keep saying that. You’ve made your point. There’s no need to make it every time we post a story about Twitter. You don’t like Twitter. We get it. Move on.
I NEVER use Twitter.
But then, I’m kinda old.
so what, you wanna cookie or something
It’s a fair point, techies and celebrities seem enamored with Twitter, but its pretty blah to normals. I’m a techie, and the only reason I use it is because Daring Fireball doesnt do comments elsewhere.
It’s a fair point the first time he brings it up. But when he says the same thing on every post involving Twitter, it gets pretty tiresome and pointless.