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Twitter losing money hand over fist

Sunday, February 12, 2017 14:42
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Tina Wadhwa reports at Business Insider,

Twitter continues to be a loss-making company, reporting a net loss of $167 million in the quarter and a net loss of $457 million for the full financial year.

Robert Stacy McCain explains,

Twitter had decided, in an election year, to surrender control of its platform to a crew of feminist social justice warriors (SJWs) designated the “Trust and Safety Council.” This secretive group of Soviet-style commissars included the notorious anti-male hatemonger Anita Sarkeesian, and soon Twitter began purging conservative accounts.

When my @rsmccain account was banned during this SJW-led purge, the #FreeStacy hashtag went viral, but Twitter executives (including CEO Jack Dorsey) refused to address the reality — I was among the perceived “enemies” of Hillary Clinton who were being banned from Twitter during a presidential election year. Jack Dorsey had made his company part of the Democrat Party’s campaign team and four months later, when Twitter banned popular commentator Milo Yiannopoulos, the partisan nature of “Trust and Safety” became transparent.

Banning conservatives from Twitter was Dorsey’s contribution-in-kind to the Democrats, but beyond the failure to elect Clinton, how did this political venture work out for Twitter stockholders?

Read more here.


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