Twitter actions fall in "black" week for networking sites

Saturday, July 15, 2016 [19659004] San Francisco: Middle East Online

Twitter shares fell on Friday after the site announced a drop in its user base, exacerbating the crisis that hit the social networking sector in the financial markets.
Twitter shares fell 20.5% to close at $ 34.12, despite record profits, as financial markets focus on the new social media reality that moves to limit abusive behavior and promote private life.
These losses on Twitter happen a day after Facebook recorded unprecedented losses. Reaching $ 120 billion of its market value, after a report on site profits A glaucoma that included slowing expectations in its user base has alarmed investors
Twitter has shown that it had the best earnings of $ 100 million in the second quarter, compared with a loss of $ 116 million a year ago. The company, based in San Francisco, has announced that its active user base has decreased by 1 million users compared to the previous quarter to 335 million users, under the umbrella of. a campaign targeting fake false accounts and automatic robotic accounts. Twitter said that it expects its number to decline in the current quarter] This decline, according to Twitter, is the result of "prioritizing the platform" and making it compatible with the GDR, the general European laws on data protection that limit the ability of Internet companies to manage the information of their users.
Twitter CEO Jack Dorsey said the results of the previous chapter reflected an investment in "Twitter's long-term health," referring to efforts to eliminate abuse and inappropriate behavior.
Invest heavily to make Twitter a better place, because that's the right thing to do. "
Analysts said the chapter was" strong "and that daily use was the best measure to determine its future growth.
Twitter announced that its daily active users increased by 11% by compared to the previous year.

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