Techmeme
October 26, 2017, 1:00 PM

Top News

Twitter:
Twitter decides to ban advertising from all accounts owned by Russia Today and Sputnik and will donate estimated $1.9M earnings since 2011 to misinfo research  —  Twitter has made the policy decision to off-board advertising from all accounts owned by Russia Today (RT) and Sputnik, effective immediately.
Georgia Wells / Wall Street Journal:
Twitter overstated MAUs by 1-2M since Q4 2014 by including users of a service for third-party apps; according to revised numbers, its MAUs shrank in Q2 by 2M  —  Social media company says it had been including users of service for third-party apps as monthly users that shouldn't have been counted
Selina Wang / Bloomberg:
Twitter's Q3 revenue of $589.6M tops estimates; MAUs grew 4% YoY to 330M, DAUs grew 14% YoY; net loss down to $21.1M; shares rise 13%+  —  Monthly active users grew 4% year-over-year to 330 million  —  Quarterly sales of $589.6 million topped analysts' estimates
Dieter Bohn / The Verge:
Ingrid Lunden / TechCrunch:
GoFundMe announces GoFundMe Studios to make short videos for select campaigns to aid promotion  —  GoFundMe has racked up over $4 billion in donations as the world's biggest platform for people setting up donation campaigns, in part by leveraging the power of social media to get people …
Adi Robertson / The Verge:
Reddit shuts down Nazi and white supremacist subreddits, after updating policy to ban content encouraging violence; subreddits banned had 25 to 7,000 users each  —  Reddit has shut down several Nazi and white supremacist subreddits after a policy change banning material that “encourages …

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Earlier Picks

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