Monday Express Twitter announces ban on political advertising next month, Google parent releases Q3 results
Twitter announces ban on political advertising next month
Jack Dorsey, chief executive of social media Twitter, said on Wednesday that the company would begin banning political advertising on its platform next month as the social media platform was under intense pressure to stop the spread of false information and manipulate elections, foreign media reported.
Dorsey said in a statement:"We've decided to stop all political advertising on Twitter around the world.We believe that the influence of political information should be won, not bought in exchange.Analysts did not expect the move to significantly reduce Twitter's business, but its shares fell 1.8 percent in after-hours trading.
Social media companies, including Twitter and its rival Facebook, are under increasing pressure to stop publishing and disseminating inaccurate informationSue. (Source: Hugo.com)
Android version of Netflix client introduces double-speed playback
Netflix, the streaming video service provider, has just introduced a feature update for its Android client, which is double-speed playback. But with so few reports and no updates on every device yet, Netflix's speed-up may still be in limited testing. Before this, many podcasts and video players have introduced playback speed controls. (Source: 36 Newsletter)
Google's parent company releases Q3 results:Advertising revenue remains strong at $33.9 billion, but profits down 23%
On October 29th Alphabet, Google's parent company, released its 2019 Q3 results.According to the results, the company's revenue for the quarter rose 20 percent year-on-year to $40,499 million, compared with $33.740 billion a year earlier.Net profit was $7,068 million, down from $9.192 billion a year earlier.
Facebook Q3 reports:35 million live users, 29% revenue to $17.7 billion
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