- Responding to reports of a massive account sweep (and a precipitous stock fall today), Twitter Chief Financial Officer Ned Segal offers clarifications via his account.
- "Some clarifications: most accounts we remove are not included in our reported metrics as they have not been active on the platform for 30 days or more, or we catch them at sign up and they are never counted," Segal says.
- A Washington Post story on some 70M suspensions of fake accounts noted worries that the company might show a rare monthly user decline when it reports earnings later this month.
- "If we removed 70M accounts from our reported metrics, you would hear directly from us," he goes on. "This article reflects us getting better at improving the health of the service. Look forward to talking more on our earnings call July 27!"
- Shares in TWTR are rebounding somewhat, now down 4.5%; they were down as much as 9.8% at their session low today.
- Now read: Weibo: Unwarranted Selloff Creates Buying Opportunity
Original article