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Twitter Removes Accounts Linked to Alex Jones & Infowars

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Reportedly, Twitter removed several Alex Jones and Infowars accounts, which were found spreading misinformation. The 18 suspended accounts are in addition to five Infowars affiliated accounts that had been banned earlier.

Previously, Twitter imposed a seven-day ban on Alex Jones and Infowars for violating platform policies against abusive behaviour. However, Jones reiterated similar acts, which prompted Twitter to ban him and the related websites permanently.  

Twitter’s move follows that of other social media giants like Alphabet’s (GOOGL - Free Report) , YouTube and Facebook , which previously prohibited Jones’ channels and related videos.

Apple (AAPL - Free Report) too followed Twitter’s lead and removed Infowars application from App Store.

Twitter's Efforts to Boost Engagement

Notably, with the 2018 U.S. mid-term elections approaching, social media companies like Twitter, are even more careful about maintaining transparency and curbing proliferation of fake news on their platforms.

Twitter has been increasing its effort to curb malicious activities on its platform. The company is not only improving the sign-up process but also auditing existing accounts for signs of automated sign-up

The company “identified and challenged more than 9.9 million potentially spammy or automated accounts per week” in May 2018, which is a substantial increase from December and September 2017 in which it challenged 6.4 and 3.2 million accounts, respectively.

Notably, the number of spam-related reports it gets from users has declined on average.

Twitter has also removed 50 accounts posing as Republican party members and more than 700 accounts from Iran as it seeks to get rid of fake users ahead of next month’s U.S. elections.

Moreover, to verify candidates contesting in the upcoming election, the company has allowed them to use a special label, which distinguishes them from impersonators.

Distribution of trade secrets and private information will also be under the purview of Twitter officials.  

We believe the company’s recent efforts to fight against fake news will help it build trust and repair brand image, thereby improving user engagement.

Twitter, Inc. Price and Consensus

New Features to Attract Users

Moreover, Twitter continues to add features to attract users to its platform and drive engagement levels. In the current quarter, the company announced “audio-only broadcast” option to expand its foothold in live podcasting and other audio-first content.

The company also announced more than 30 partnerships, such as deals with the likes of Fox Sports FOXA, NBCUniversal, Viacom and Disney, which includes ESPN programming and many more.

Moreover, Twitter’s improving execution bodes well for investors. Its earnings beat the Zack Consensus Estimate in three of the trailing four quarters, delivering an average positive surprise of 33.93%.

Twitter currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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