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Bad time to be holding twitter stock I suppose. Do they even care about the principles a normal company works by?
by kalium-xyz 6y ago
Bad time to be holding twitter stock I suppose. Do they even care about the principles a normal company works by?
- knaik94 6y agoFrom a business standpoint, being proactive about misinformation being spread is going to make them stand out as a seemingly more moral company. More people will read and engage. The perception of the feature is slightly muddied right now because the fact check is being painted as politically biased. But the bigger picture is that helping people vote and be more informed helps people of every political background. If a tweet had the wrong date for election day and twitter had fact checked that, would correcting that be wrong as well? And would everyday consumers support a company that doesn't do fact checking or one that does?
- kalium-xyz 6y agoTheir stockprice is going down, I do not care about US politics nor made any statement relating to those.
- knaik94 6y agoI am not sure I understand your point about what business principles Twitter is not caring about. The twitter stock has been going down since before the introduction of fact checking. Their revenue is down due to lower ad sales as a consequence of covid19. Political tweets by Trump have affected the performance of the market for a while now. https://www.bloomberg.com/features/trump-tweets-market/ https://www.bloomberg.com/features/trump-tweets-market/
- kalium-xyz 6y agoThats a cool page, you should submit it