The bad week in social media is getting worse

The crackdown on online hatred, abuse and trolls is also hurting Twitter's reputation with investors.

The company's stock plunged on Friday morning after announcing a drop in its monthly users. . The decline of more than 17% in the value of shares to the opening bell comes a day after Facebook lost 19% of its value – its worst trading day since Facebook became public in 2012. [19659002TwitterlikeothersocialmediaplatformsisputtingitsplatformonthegrowthofusersThisleavesinvestorsseeminglyunabletovaluethevalueofthelargestcompaniesintheindustrywhichrelyontheirpotentialaudience

Twitter had 335 million monthly users during the quarter, below the expected 339 million Wall Street, and down slightly from 336 million in the first quarter. This overshadowed a strong monthly growth of users by 3 percent.

The company said its monthly number of users could continue to fall in the "one-digit half-digit figures" in the third quarter.

Twitter and Twitter began to crack down, banning accounts that violate its terms and making others less visible.

Twitter now trying to master the worst offenders after years as one of the Wild West

At the same time, he has to convince people that he is the inescapable platform in the media Social, even though it is currently overshadowed by Facebook

Facebook has more than 2.23 billion users while its applications WhatsApp, Instagram and Messenger each have more than 1 billion.

Twitter reiterated Friday its efforts to "invest in improving the health of public conversation" on its platform, making the "long-term health" of its service a priority over short-term measures As part of these efforts, Twitter said that in May, its systems were identifying and challenging more than 9 million potentially spam or automated accounts per week, up from 6.4 million in December 2017. The company

A Washington Post report put the total number of accounts suspended in May and June at 70 million. The Associated Press also found that Twitter had suspended 56 million accounts of this type in the last quarter of 2017. While Twitter maintains that most of these accounts were inactive and therefore unrecorded in monthly figures, the company has also warned that "We want people to feel free to express themselves freely and have launched new tools to solve problematic behaviors that distort and distract from public conversation," said CEO Jack Dorsey in a statement. 19659002] Twitter's second-quarter net profit reached $ 100.1 million, after a loss last year over the same period. It's the third consecutive profit of the company, the third it's ever posted.

San Francisco's net profit per share business was adjusted 13 cents, or 17 cents, in line with expectations, according to a survey by Zacks Investment Research

710th , $ 5 million, up 24% and exceeding expectations by $ 696 million.