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BRIEF-Twitter says to remove verification for some accounts under new program
Twitter Inc(TWTR): * TWITTER PROVIDES UPDATE ON VERIFICATION PROGRAM - TWEET. * TWITTER SAYS WORKING ON A NEW AUTHENTICATION AND VERIFICATION PROGRAM- TWEET. * TWITTER SAYS WHILE WORKING ON NEW VERIFICATION PROGRAM, CO IS NOT ACCEPTING ANY PUBLIC SUBMISSIONS FOR VERIFICATION - TWEET.
UCLA players suspended indefinitely over China incident; Trump thanked at press conference
Three freshman members of the UCLA basketball team, LiAngelo Ball, Jalen Hill and Cody Riley, have been suspended indefinitely, according to Bleacher Report and other outlets, after having had criminal charges reportedly dropped in connection with a recent alleged shoplifting incident at a Louis Vuitton store in Hangzhou, China. The players expressed remorse and apologized to the university and its storied basketball program as well as their families while making their first public statements Wednesday on the matter. President Trump, who wondered on Twitter this morning whether he would be thanked for his role in their release from detention after a week and who'd called his discussion of the issue with Chinese leader Xi Jinping a "great" one, was thanked by all three players at a televised news conference in Los Angeles.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
As Its Ad Business Flounders, Twitter Looks Increasingly Towards Data Licensing
The data licensing business has brought in $325 million in revenue over the past year.
Soros sells Twitter, Facebook, Apple and Snap
George Soros's hedge fund, Soros Fund Management LLC, eliminated or reduced investments in some of the biggest names in tech last quarter, including Facebook Inc. and Apple Inc. Soros divested a 1,700-share stake in Apple as well as 1.55 million shares of Snapchat parent company Snap Inc. , according to a quarterly filing with the Securities and Exchange Commission. The hedge fund greatly decreased its holdings in Facebook and Twitter Inc. , cutting Facebook shares from 476,713 shares to 109,451 and chopping investments in Twitter's stock and debt. Among the new investments Soros opened in the quarter were General Electric Co. , General Motors Co. , Campbell Soup Co. and Oracle Corp. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Twitter verified a white nationalist's account, and it didn't go well
Twitter is rethinking its verification process after the company got major backlash for adding a blue check mark to a white nationalist's account.
Video provided by Newsy
___ AP Exclusive: Russia Twitter trolls deflected Trump bad news SAN FRANCISCO (AP) — A study of some Twitter accounts reveals that when there was bad news about Donald Trump during last year's campaign, Russian agents tried to turn attention away from it on social media.
BRIEF-Twitter says have paused all general verifications -support tweet
* Says have paused all general verifications while we
Some Twitter Users Embrace Longer Tweets; Some Stay Terse
Twitter has officially doubled its signature 140-character limit for all of its users. Not all users think longer is better.
So long, 140. Hello, 280: Twitter doubles character count on tweets
Company said it will roll out tweets with 280-character limits to all users.
Twitter to roll out 280-character tweets worldwide
(Reuters) - Microblogging website Twitter Inc , known for its iconic 140-character tweets, said on Tuesday it would roll out 280-character tweets to users across the world.
Snapchat outage prompts complaints on Twitter
Nov 6 (Reuters) - Snapchat faced a worldwide outage for at
least four hours on Monday, prompting a flood of complaints on
rival mobile application Twitter a day before posting its third
quarterly earnings as a public company.
Whoever turned off Trump's Twitter account will probably get off scot free
Very little is known about the ex-employee who did it, beyond that it was his or her last day on the job.
Twitter employee 'deactivated' Trump account on last day
The social media giant says a staffer on their last day took the account offline for 11 minutes.
Senators threaten new rules if social media firms can't stop Russian manipulation themselves
Representatives of Facebook, Google, and Twitter are testifying three times in two days before congressional committees.
Social media firms under scrutiny for 'Russian meddling’
Facebook, Google and Twitter lawyers tell lawmakers they plan to take action against foreign actors.
Russian fake accounts showed posts to 126 million Facebook users
Executives from Facebook, Twitter and Google will all be appearing before the Senate Judiciary Subcommittee on Crime and Terrorism on Tuesday.
Tech Companies Testify On Capitol Hill, Detail Russian Interference Efforts
Facebook, Twitter and Google are expected to tell senators Tuesday that Russian election interference during the 2016 presidential campaign was broader than originally thought.
Halloween 'fun size' salads... Trick or treat?
Twitter user adam.the.creator shows off his idea for the scariest Halloween "treat" and Dole responds. Tony Spitz has the details.
Roger Stone Suspended From Twitter After Expletive-Laden Tweets
The longtime supporter of President Trump lobbed insults at CNN anchors and contributors, leading to a suspension of his Twitter account.
Facebook, Twitter, Google executives to testify at U.S. Senate Russia hearing
Executives from Facebook Inc (FB), Twitter Inc (TWTR) and Alphabet Inc's Google will testify on Tuesday before a Senate Judiciary subcommittee hearing on allegations of Russian interference in the 2016 U.S. presidential election.
Twitter's stock surges toward biggest 2-day rally in its history
Twitter Inc.'s stock shot up 6.2% on heavy volume in afternoon trade Friday, extending gains after better-than-expected results were reported before the previous session's open. Volume ballooned to 44.9 million shares, nearly triple the full-day average, The stock has now rocketed 25.9% over the past two sessions, the biggest two-day rally since the social media company went public in November 2013. The previous biggest two-day gain was when it ran 25.4% in the two days ending Sept. 26, 2016, on the back of takeover speculation. The current two-day rally comes after an eight-session losing streak, which was the longest such streak since the eight-day stretch ending Jan. 13, 2016. The stock has now rallied 32.3% year to date, while the tech-heavy Nasdaq 100 has surged 27.7% and the S&P 500 has gained 15.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
What Analysts Are Saying About Twitter After Earnings
Twitter's stock surges toward 13-month high after UBS boosts rating, price target
Twitter Inc.'s stock surged 3.3% in morning trade Friday, putting it on course for a the highest close in about 13 months, after the social media company's third-quarter results prompted UBS to abandon its bearish stance. Analyst Eric Sheridan raised his rating to neutral, after being at sell since Feb. 9, and lifted his stock price target to $21 from $14. He said he now sees Twitter's risks as more balanced versus potential reward for investors, after results reported Thursday daily engagement metrics continued to grow at a fast pace. "Going forward, we see Twitter's sustained engagement performance--clearly the output of improved user interface/experience on video and curation--takes a front/center view for investors as key to a healthy debate over whether such trends will act as a leading indicator for forward...ad revenue trends in the business," Sheridan wrote in a note to clients. The stock has now run up 24.6% over the past three months, while the S&P 500 has gained 4.0% and the Dow Jones Industrial Average has climbed 7.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Twitter overcounted active users since 2014, shares surge on profit hopes
Company said it was counting 1 million to 2 million users per quarter they shouldn't have.
Twitter bans ads from two Russian sites
The social media platform will no longer accept adverts from Russia Today or Sputnik.
Dow, S&P 500 close higher; biotech weakness pressures Nasdaq
The Dow and S&P 500 ended higher on Thursday, supported by a steady stream of healthy earnings, though weakness in the biotechnology sector pressured the Nasdaq. The Dow Jones Industrial Average rose 71 points, or 0.3%, to 23,401. The S&P 500 added 3.3 points to 2,560, a gain of 0.1%. The Nasdaq Composite Index ended down 7 points, or 0.1%, at 6,557. The Nasdaq's weakness came as biotech shares sold off sharply. The iShares Nasdaq Biotechnology ETF lost 2.3% after Celgene Corp. reported disappointing results and cut its outlook. Celgene shares ended 16% lower. On the upside, Twitter Inc. rose 20% on the back of its results while Ford Motor Co. ended up 1%. The stocks of companies in the pharmaceutical supply chain dropped after a report that Amazon has obtained approval to become a wholesale distributor in a number of states. Rite Aid Corp. sank 6.2% while CVS Health Corp. was down 2.9%. CVS shares were also impacted by reports it would buy Aetna . Shares of Aetna ended 11.5% higher. Adding to the buying momentum, the House of Representatives passed a budget blueprint on Thursday, paving the way for the Senate to later pass a tax-reform package.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
WATCH: Kellogg vows to redo cereal box artwork accused of 'teaching kids racism'
An author says he was "pleasantly shocked" after initiating social and corporate change via Twitter this week.
UPDATE 2-Soccer-Holders Man United at Bristol City after delayed draw
* Twitter UK, EFL apologise after draw is delayed (Adds Twitter, EFL statements)
UPDATE 2-Twitter bans ads from two Russian media outlets, cites election meddling
SAN FRANCISCO, Oct 26 (Reuters) - Twitter Inc on
Thursday banned advertisements from accounts owned by Russian
media outlets Russia Today (RT) and Sputnik, citing allegations
by U.S. intelligence agencies that the two had tried to
interfere with the 2016 U.S. election.
Twitter says it could turn first-ever profit, shares surge
(Reuters) - Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising for revenue.
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