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Twitter Inc

Twitter may struggle to replicate bumper 2020 growth
Technology

Twitter may struggle to replicate bumper 2020 growth

  • The lifting of restrictions as people get vaccinated has largely seen benefiting other digital ad firms such as Facebook Inc and Alphabet Inc's Google whose stocks soared after reporting blockbuster results this week.
  • A vow to focus on new products and features by Twitter did little to allay investor concerns on Friday.
Published 30 Apr, 2021 08:13pm
Twitter expects annual revenue to double in 2023, shares up 8pc
Technology

Twitter expects annual revenue to double in 2023, shares up 8pc

  • The company expects to reach at least 315 million monetizable daily active users (mDAU) by the fourth quarter of 2023.
  • Chief Executive Jack Dorsey said earlier this month that Twitter would explore launching content subscriptions and letting users receive tip payments from followers.
Published 25 Feb, 2021 08:49pm
Facebook, Twitter CEOs in talks to testify at House hearing as early as March: Politico
World

Facebook, Twitter CEOs in talks to testify at House hearing as early as March: Politico

  • The appearance of the Facebook and Twitter CEOs could be contingent on them testifying jointly alongside Sundar Pichai, chief executive of Google and its parent company, Alphabet Inc.
  • Republican lawmakers questioned them about their content moderation decisions while Democrats primarily focused on insufficient actions against misinformation that interfered with the election.
Updated 13 Feb, 2021 07:18pm
India warns Twitter to comply with orders to block accounts
World

India warns Twitter to comply with orders to block accounts

  • Twitter blocked dozens of accounts in India, including that of a leading news magazine, on Monday after the government said that users were posting content aimed at inciting violence.
  • Twitter unilaterally unblocked accounts, tweets despite the government's order.
Published 03 Feb, 2021 07:12pm
Watchdogs across EU should be allowed to challenge Facebook, EU court adviser says
World

Watchdogs across EU should be allowed to challenge Facebook, EU court adviser says

  • The adviser to the EU’s top court has issued a recommendation to allow data protection agencies in any EU country to take legal action against Facebook or any other tech firm even if their regional headquarters are in a different EU state.
  • If the recommendation is followed, it could prompt action by national agencies in the 27-member EU against other U.S. tech companies, such as Google, Twitter and Apple, which also have their EU headquarters in Ireland.
Published 13 Jan, 2021 03:45pm