GLOBES - Federico Paderni, managing director of Twitter in Israel, insists that the social network is not making money from the elections in Israel or anywhere else in the world. Twitter policy prohibits posting political ads on its social network in general and particularly on election days. The company also has decided to double the sales team serving Israeli customers. Twitter is seeing global growth in the number of its communities, including those relevant to Israeli advertisers.
601 posts categorized "Twitter"
Twitter Doubles Its Israel Sales Team
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Twitter Is Rolling out Podcasts to Blue Subscribers on Android
TECH CRUNCH - Twitter is rolling out its redesigned Spaces tab, which includes podcasts, to Twitter Blue subscribers on Android. The Android launch comes a few weeks after Blue subscribers on iOS got access to podcasts and the redesigned Spaces tab. The redesigned Spaces tab introduces personalized hubs for users called “Stations” that group content together based on different topics.
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Twitter Bot Traffic Jumps Depending on How It's Analyzed
MEDIA POST - CHEQ, a cybersecurity company, discovered that ~12% of website traffic from Twitter to its ~15K clients is non-human. Of 5.2M site visits from May 2021 through May 2022, it was found that nearly one-in-three site visits from Twitter in China are likely fake, and 29% of organic Twitter traffic from China was invalid. Data was measured against several key metrics for each site and how those metrics would change when removing the fake traffic. CHEQ also looked at the data by industry to see how much average page views per site visit increased when fake traffic was removed.
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Twitter Shareholders Approve Musk's $44B Buyout as Trial Looms
BLOOMBERG - Twitter shareholders approved billionaire Elon Musk's proposed $44B buyout, paving the way for a trial next month to determine the deal's fate. Twitter's board - along with two prominent advisory firms - had encouraged investors to ratify the deal. The company’s shares were little changed after the vote and closed at $41.74, well below Musk's proposed price.
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Twitter Is Testing a 'Share to WhatsApp' Button in India
TECH CRUNCH - Twitter is testing a new way to share tweets in India, by adding a WhatsApp button under the posts for Android users. People can share tweets with their contacts and groups on WhatsApp by tapping on the new button and selecting the WhatsApp option again - which is cumbersome and confusing.
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Twitter Is Rolling out an Edit Button Later This Month to Twitter Blue Subscribers
TECH CRUNCH - Twitter confirmed a new feature to edit tweets. It's starting with internal testing, and the plan is to make Edit Tweet functionality available to subscribers of its paid tier, Twitter Blue, later this month.
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Twitter Is Launching Its 'Close Friends' Feature Circle Globally
TECH CRUNCH - Twitter is launching its Circle feature - which lets users post a tweet to a select set of people - globally. The company started testing its "Close Friends" feature in a limited beta in May, and now it's making it available to all users.
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Twitter Facing Mass Exodus of Employees as $44B Musk Deal Remains in Deadlock
INDIA TIMES - Twitter is facing more employee departures amidst the $44B deal deadlock. Employee attrition rate is currently 18.3%. Before Elon Musk made his offer, the attrition rate was lower, and hovered between 14% and 16%, which was consistent with competitors.
by Vanya Gautam
See full article at India Times
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Twitter to Cut Annual Bonuses for Employees to 50% Amid Downturn
INDIA.COM - Twitter has warned its employees that they are set to get only half of their annual bonuses as the social media company struggles with economic uncertainty. Twitter's CFO Ned Segal told the company's employees that global market conditions would affect the annual bonuses they receive.
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Twitter Accused of Violating German Content Moderation Rules
EURACTIV - The German non-profit organization HateAid submitted a complaint against Twitter to the Federal Office of Justice after the platform allegedly failed to report on its internal complaint mechanism as required by the Network Enforcement Act.
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Twitter Agrees to Pay $150M to Settle Data Misuse Lawsuit Stemming
JD SUPRA - Earlier this month, Twitter agreed to pay $150M to settle a case that the federal government brought against the company. This marks a relatively quick resolution to the FTC lawsuit filed against Twitter on May 25 alleging that the company engaged in unfair or deceptive acts or practices. Twitter users who gave Twitter their email address or phone number between May 2013 and Sept 2019 may be eligible to join a class action lawsuit against the company to obtain financial damages.
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Twitter to Revamp Spaces, Tests Themed Stations, and a Daily Digest
TECH CRUNCH - Twitter is developing an updated version of its audio chat rooms product known as Spaces. The company said it's currently working on a new experiment for the Twitter Spaces tab in its app. The test shows a revamped look-and-feel for Spaces that organizes the audio rooms into topics, like Music or Sports, for instance. These are represented with colorful cards and imagery from the programs.
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Twitter and Elon Musk Trial Confirmed for Oct 17
TECH CRUNCH - Twitter's bid to get Elon Musk to follow through with his multibillion-dollar bid to buy the social network will officially go to trial on October 17, a Delaware judge has confirmed. In its Q2 earnings report, Twitter revealed that it had spent $33M during the previous quarter on the pending acquisition.
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The Race to Build a Social Media Platform on the Blockchain
TECH CRUNCH - Web3 proponents think they can build a new system altogether that sidesteps the concentrated power of platforms - a decentralized social media (DeSo) ecosystem where users ideally have more ownership over the content they create. DSCVR, a blockchain-based social network built on Dfinity's Internet Computer protocol, has entered the race to build a scalable DeSo platform with $9M in seed funding led by Polychain Capital. Earlier this month, ex-Coinbase employee Dan Romero secured $30M led by a16z to develop Farcaster, a DeSo protocol that allows users to move their social identity across different apps. Another seed-stage startup, Primitives, raised a $4M round in May for its own Solana-based DeSo network. Twitter also funds an offshoot of its service called BlueSky, an open-source DeSo project founded in 2019 that hasn't gone live but is experimenting publicly with its development process.
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Twitter's Quarterly Sales Drop and Spent $33M on Pending Musk Acquisition
TECH CRUNCH - Twitter has published its Q2 2022 results, with the social networking giant's numbers falling short of analysts' estimates across user growth and revenues. Twitter also revealed that it spent $33M in Q2 on Elon Musk's pending acquisition.
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