The bad week in social media is worsening; Twitter hammered

NEW YORK – Twitter plunged Friday in front of the opening bell on the low numbers of users, a day after a historic rout on Facebook

Twitter, as of other media platforms Social, says put its platform on the growth of users. This leaves investors seemingly unable to value the value of the largest companies in the industry, which rely on their potential audience.

Twitter Inc. shares fell by 12% on what was otherwise a strong quarter, they scramble to clean up

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

Twitter said its monthly number of users could continue to fall in the "one-digit single digit numbers" in the third quarter.

Long criticized for allowing hatred, abuse and trolls rampant on its platform, Twitter has begun to crack down, banning accounts that violate its terms and making others less visible.

Twitter now tries to master the worst offenders after years as one of the corners of the Wild West Internet

At the same time, it must convince people that it is the platform of 39; access to social media, and it is absolutely tiny right now 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 of long-term measures – s As part of these efforts, Twitter said that in May, its systems have identified and challenged more than 9 million potentially unwanted or automated accounts per week, up from 6.4 million in December 2017. The company has [19659005] According to a Washington Post report, the total number of accounts suspended in May and June was 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 divert public conversation," said CEO Jack Dorsey in a statement. .

Twitter's second-quarter net profit was $ 100.1 million, after a loss last year over the same period. This is the company's third consecutive profit, the third it's ever recorded

San Francisco's net earnings per share business has been adjusted by 13 cents, or 17 cents, according to expectations, according to a survey by Zacks Investment Research

Revenue of $ 710.5 million, up 24 percent and exceeding expectations by $ 696 million

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09:01ET 27-07-18