12 November 2018
Twitter has been working hard to clear fake accounts from its user base before the US midterm elections come up. The company had faced criticism during the US Elections and is now working hard to safeguard democracy.
The social media company has come down hard on fake accounts, bots and spam. It has fought back against a disinformation campaign tied to Iran and has encouraged users to #BeAVoter.
The Saudi government has reportedly paid trolls on the social network to silence critics, which has raised questions about how well Twitter's efforts are working.
The microblogging site has to keep up with current events, at the same time they want to create a platform where users can voice their opinions. It has been trying to combat election meddling, as well as harassment and other dark sides to technology. The company also has to compete against giants like Facebook and Google for ad dollars.
In Q3, Twitter has raked in $758 million in revenue and posted a profit for the fourth quarter in a row. The company revealed that its users base has shrunk by 9 million which is due to the removal of bots from its platform. It has been purging bots from its platform since July this year. Researchers believe that nearly 9-15% of Twitter's user base comprises of bots.
"We're happy with the progress we've made, but we have a ton more work to do," Twitter’s Jack Dorsey said.
"This quarter’s strong results prove we can prioritize the long-term health of Twitter while growing the number of people who participate in public conversation," CEO Jack Dorsey told investors.