Tuesday November 13, 2018
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Twitter Loses 9mn Users

Average daily active users (DAU) increased nine per cent year-over-year, compared to 14 per cent in the same period the previous year

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Twitter on a smartphone device. VOA
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Twitter reported a surge of 17 per cent with a revenue of $758 mn in the third quarter, but also saw a decline of nine million in its user base.

Twitter revenue was up 29 per cent (year-over-year) and advertising revenue reached $650 million. The monthly active users (MAUs) reached 326 million.

“We’re achieving meaningful progress in our efforts to make Twitter a healthier and valuable everyday service,” said Twitter’s CEO Jack Dorsey in a statement late on Thursday.

The micro-blogging platform said that its user drop was due in part to the company clamping down on accounts that disseminate spam or use automated bots to try to target legitimate users.

Twitter
Twitter revenue hits $758 mn, loses 9 mn users. Pixabay

“We’re doing a better job detecting and removing spammy and suspicious accounts at sign-up. We’re also continuing to introduce improvements that make it easier for people to follow events, topics and interests on Twitter,” he added.

The total ad engagements increased 50 per cent (year-over-year) and international revenue hit $335 million — an increase of 30 per cent (year-over-year).

Also Read- Hospitals Worldwide Detain Patients If They Cant Pay The Bill

“This quarter’s strong results prove we can prioritise the long-term health of Twitter while growing the number of people who participate in public conversation,” said Dorsey.

Average daily active users (DAU) increased nine per cent year-over-year, compared to 14 per cent in the same period the previous year. (IANS)

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Twitter Takes Multiple Steps To Curb Misinformation Before Elections in India

More than 80 per cent of the Twitter accounts linked to spread of disinformation

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The Twitter logo appears on a phone post on the floor of the New York Stock Exchange.. VOA

Twitter is taking “multi-variable” steps, including the use of Artificial Intelligence (AI) tools, to curb the spread of misleading information on its platform ahead of 2019 general election in India, Co-Founder and CEO Jack Dorsey said here on Monday.

Addressing a Town Hall-style meeting at the Indian Institute of Technology-Delhi (IIT-D), Dorsey said fake news is a way too big category.

“The real problem is not misinformation per se as jokes can also be categorised as misinfomation. But misinformation that is spread with the intent to mislead people is a real problem,” stressed the Twitter CEO who is in India on a week-long maiden visit.

Dorsey, who got a rousing reception at IIT-D with the students wildly cheering the young entrepreneur, likened solving the problem of misleading information to that of addressing a security issue, or building a lock.

Twitter, India
Twitter Chief Executive Officer Jack Dorsey testifies before a Senate Intelligence Committee hearing on foreign influence operations and their use of social media on Capitol Hill. VOA

“No one can build a perfect lock, but we need to stay ahead of our attackers. AI could probably help,” Dorsey told the audience.

Earlier in the day, the Twitter CEO met Congress President Rahul Gandhi and discussed various steps the social network was taking to curb the spread of fake news and boost healthy conversation on its platform.

Dorsey also met Tibetan spiritual leader the Dalai Lama over the weekend. He was also expected to meet Union IT Minister Ravi Shankar Prasad in the wake of the growing criticism over Twitter’s role in the spread of misinformation and fake news as India faces Assembly polls in five states in November-December ahead of next year’s general elections.

Twitter, India
Twitter on a smartphone device. Pixabay

Twitter, along with other social media platforms, including Facebook, came under intense scrutiny of policymakers in the US for their failure to stop the spread of misinformation by Russia-linked accounts on their platforms during the 2016 Presidential election.

The micro-blogging site since then has stepped up its efforts to curb the spread of divisive messages and fake news on its platform.

To further protect the integrity of elections, Twitter recently announced that it would now delete fake accounts engaged in a variety of emergent, malicious behaviour.

India, elections
India’s Prime Minister Narendra Modi gestures as he addresses the gathering during the ‘Global Mobility Summit’ in New Delhi, India, VOA

As part of the new rules, accounts that deliberately mimic or are intended to replace accounts that were previously suspended for violating rules may be identified as fake accounts, Twitter said recently.

Also Read: Twitter Giving Its Users More Freedom to Report Fake, Suspicious Accounts

However, according to a Knight Foundation study released in October, more than 80 per cent of the Twitter accounts linked to spread of disinformation during the 2016 US election are still active. (IANS)