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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 CEO
This April 26, 2017, photo shows the Twitter app icon on a mobile phone in Philadelphia. According to a study released Jan. 24, 2019, a tiny fraction of Twitter users spread the vast majority of fake news in 2016, with conservatives and older people sharing misinformation more. VOA

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.

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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).

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“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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Micro-blogging Site Twitter to Audit Developers Using Data From App

Twitter says it suspended 1,62,000 apps in the second half of 2018, showing it is willing to play hardball with developers that endanger its ecosystem

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Twitter, India, Smartphone
Twitter on a smartphone device. Pixabay

Micro-blogging site Twitter has decided to audit app developers who use data from its platform, as business and research boosting tools to make sure it gets paid for the information delivered.

Starting June 19, developers that use recent tweets from or mention a user more than 100,000 times per day, will have to submit their apps to Twitter for review.

“The goal is ensuring that our platform is safe and promoting the privacy and safety of our users, and providing a level playing field commercially,” TechCrunch quoted Yoel Roth, Head of site integrity, Twitter as saying on Tuesday.

Developers found to be violating Twitter’s policies would be booted from the platform, while those who fail to file for review will be capped at 100,000 requests per day for the user timeline and mentions application programming interfaces (APIs) of Twitter.

“We’re fundamentally different than other platforms that have APIs since almost everything that happens on our service is public,” Roth explained.

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FILE – A man reads tweets on his phone in front of a displayed Twitter logo. VOA

Developers who use Twitter data as business tools for customer services or social media monitoring, will have to pay and enter a commercial licencing agreement with the platform with an undisclosed custom price-range based on usage.

“Twitter refused to even specify the range those prices fall into, which won’t win it any extra trust,” the report said.

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If a developer in question presents legitimate consumer-use cases, like running a third-party Twitter client or doing research, it will be granted free access to the API at the same rate they have today.

Twitter says it suspended 1,62,000 apps in the second half of 2018, showing it is willing to play hardball with developers that endanger its ecosystem, the report added. (IANS)