Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Twitter's shares are down 11.3 percent, its biggest one-day fall in nearly 5 months
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

Twitter's shares are down 11.3 percent, its biggest one-day fall in nearly 5 months

Reuters • December 21, 2018, 08:40:59 IST
Whatsapp Facebook Twitter

Short-seller Citron Research says Twitter “has become the Harvey Weinstein of Social Media.”

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
Twitter's shares are down 11.3 percent, its biggest one-day fall in nearly 5 months

Shares of social media company **Twitter** down 11.3 percent at $29.22; set for its biggest one-day percent fall in nearly five months. Short-seller Citron Research says Twitter “has become the **Harvey Weinstein** of Social Media”; sets PT of $20/share Amnesty International study makes Twitter “Toxic” to investors and advertisers. Amnesty’s study with Element AI, published on Tuesday, says 7.1 pct or 1.1 mln tweets sent to 778 journalists and politicians from the United Kingdom and United States through 2017 were “problematic” or “abusive.” [caption id=“attachment_3857597” align=“alignnone” width=“1280”]Representational image. Reuters Representational image. Reuters[/caption] “….I would note that the concept of ‘problematic’ content for the purposes of classifying content is one that warrants further discussion,” Twitter’s Legal, Policy and Trust & Safety Global Lead, Vijaya Gadde, had informed Amnesty on 12 December. “It is unclear how you have defined or categorized such content, or if you are suggesting it should be removed from Twitter” - Twitter’s Gadde added. Citron says it had been following Twitter for years but knew it had become “uninvestable” on reading the Amnesty report. “…Twitter lags FB and Google on growth. But, any form of tweaking of the business model to ‘monitor speech’ sends traffic, engagement, and total users backwards for Twitter – a deathblow for a company playing catch up,” Citron adds. Twitter’s stock has fallen ~7.4 percent this month, more than rival Facebook Inc’s ~5.4 percent decline, but is still up about 21.7 pct this year, compared with a 24.6 percent slide for FB during the period.

Tags
Twitter Amnesty International Twitter shares
  • Home
  • Tech
  • News & Analysis
  • Twitter's shares are down 11.3 percent, its biggest one-day fall in nearly 5 months
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Tech
  • News & Analysis
  • Twitter's shares are down 11.3 percent, its biggest one-day fall in nearly 5 months
End of Article

Top Stories

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV