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> This is one of those moves that harms them in the eyes of short term investors, but is The Right Thing To Do. [Cynic's hat on] And they can only do this now,
by bostik 8y ago
> This is one of those moves that harms them in the eyes of short term investors, but is The Right Thing To Do.
[Cynic's hat on] And they can only do this now, having shown the ability to turn a profit.
Up until now, Twitter has been forced to operate in "growth for its own sake" mode. Investors keep myopically staring at user numbers, confident that there's a way to turn the faucet on, consistently and repeatedly tapping the userbase for pennies per person. The bot accounts don't make them money, so getting rid of them are likely to actually improve the bottom line.
But the sad fact is that until recently Twitter have been financially disincentivised from cracking down on fake accounts.