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Twitter confirms selling data to Cambridge academic; shares move up

Published 04/30/2018, 01:20 PM
© Reuters.  Twitter confirms selling data to Cambridge academic; shares move up
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TWTR
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  • Twitter's (NYSE:TWTR) heading in the opposite direction from the market, mitigating opening declines to move up 1.9% even as the company confirmed it sold data access to the same Cambridge academic who obtained Facebook (NASDAQ:FB) user data.
  • Global Science Research and Aleksandr Kogan got access to public data (including months of posts) for a day in 2015. But Twitter says it didn't find access to private data on Twitter users.
  • And Twitter CEO Jack Dorsey has noted "We're different from our peers because all of our data is public."
  • Shares have largely ridden out Facebook's Cambridge Analytica scandal, moving up 20.8% YTD and up 74.6% over the past 12 months.
  • Now read: Bulls Vs. Bears: Who's Right About Twitter?


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