Twitter, Facebook Reach Trump Breaking Point After Siege of Capitol Bloomberg 1/7/2021 Kurt Wagner
(Bloomberg) Twitter Inc. the social media giant that for years gave Donald Trump wide latitude to rally supporters, spread misinformation and foment unrest temporarily suspended the U.S. president s account and threatened a permanent ban after he used the platform to egg on a violent mob that stormed the Capitol building.
On Wednesday, Twitter said it required the deletion of several tweets. A spokesperson later confirmed that Trump deleted three tweets, which means he’ll regain his posting privileges after a 12-hour suspension. The company also said it would permanently block the president if he again violated its Civic Integrity policy, which prohibits interfering in elections.
Twitter Suspends Trump s Account, Blocks Posts as Riots Flare bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Twitter Hits Highest Since 2014 After JPMorgan Turns Bullish
Ryan Vlastelica, Bloomberg News The Twitter on a smartphone. Photographer: Gabby Jones/Bloomberg , Bloomberg
(Bloomberg) Twitter Inc. shares climbed to a multi-year high on Wednesday, extending a recent advance after JPMorgan upgraded the social-media company to an overweight rating, citing a more bullish view toward online advertising in 2021.
The firm also raised its price target to a Street-high view of $65 from $52.
While growth should re-accelerate across the digital ad industry next year, Twitter âwill show the biggest rebound given its sharper pandemic-driven ad decline,â analyst Doug Anmuth wrote. It should also benefit from ârevenue prioritization throughout the company, early benefits from re-built ad tech,â and increases in both advertiser count and ad load.
AWS global cloud infrastructure will supplement the social media company’s own computing capacity.
Bloomberg | Dec 15, 2020
Matt Day and Kurt Wagner (Bloomberg) Twitter Inc. will use Amazon Web Services to help power its endless stream of posts, deepening the ties between the social media and cloud-computing companies.
Twitter has long relied on its own data centers to store and show text, photos and videos. Under a multiyear deal announced on Tuesday, Twitter will use the Amazon.com Inc. unit to provide “global cloud infrastructure to deliver Twitter timelines,” supplementing the social media company’s own computing capacity. The companies didn’t disclose financial terms of the deal.