Twitter

Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads

Twitter has confirmed the reports from earlier this month that it will ban ads for Initial Coin Offerings (ICOs) all around the world. From now on any project that is conducting a token sale will only be allowed to run ads on the social network if it can prove it …

Twitter

Twitter Shares Fall Amid Data Privacy Debate

Shares in Twitter fell over 11 percent Tuesday after Citron Research said it is shorting the social media website, citing the growing scrutiny surrounding social media and how companies handle users' personal information. Citron Research's executive editor Andrew Left told CNBC "Everything's changed … Read More

Twitter

Twitter shares plunge on short seller’s bet against company on data concerns

Twitter Inc. plunged to its lowest price in six weeks after short-seller Citron Research said it was betting against the company because of potential privacy regulations. Citron said it's taking a short position in Twitter stock, meaning it's borrowing shares with the bet that the price will fall and it …

Twitter

Twitter Falls on Citron’s Bet Against Company on Data Concerns

(March 28): Twitter Inc. plunged to its lowest price in six weeks after short-seller Citron Research said it was betting against the company because of potential privacy regulations. Citron said it's taking a short position in Twitter stock, meaning it's borrowing shares with the bet that the price will fall …

Twitter

Twitter clipped by worst loss in eight months

A critical short-seller report and broad tech stock sell-off weighed heavily on Twitter, leaving the social-media site with its biggest one-day drop in eight months. Twitter shares ended Tuesday down 12.03 per cent to $28.07, marking its largest percentage decline since July 27, according to Thomson … Read More

Twitter

Twitter Abruptly Bans Cryptocurrency Ads — Beginning Today

Twitter is a fast player. Less than two weeks ago, the social media giant announced it was developing new policies which would lead to the eventual ban of cryptocurrency and ICO-related advertisements on its platform. Bitcoin enthusiasts everywhere likely figured they had a little time to spare, as the … Read …

Twitter

Short-seller targets Twitter because of potential backlash to its data business

Citron wrote in a blog post Tuesday that this year Twitter's data-licensing business will generate $400 million — although analysts polled by FactSet say $387 million — and that it represents the fastest-growing segment of the company's operations (which it is, according to FactSet). U.S. lawmakers … Read More

Twitter

Twitter Falls on Citron’s Bet Against Company

Citron said it's taking a short position in Twitter stock, meaning it's borrowing shares with the bet that the price will fall and it will be able to buy them at a lower price to replace those it borrowed. The firm pointed toward the criticism of rival social network Facebook …

Twitter

Popular ‘FANG’ stocks drop most ever as tech backlash grows

Several of the market's favorite technology stocks tanked as investors grew concerned over the companies' growth markets following new developments Tuesday. Nvidia, the best performing chip stock in the S&P 500 over the past year, stumbled down 8 percent after the chipmaker announced it would … Read More

Twitter

Cramer: Nvidia and Twitter’s stocks are the best examples of the unforgiving market

"The best examples of [that] are Nvidia and Twitter." On Tuesday, shares of Nvidia tanked after the semiconductor manufacturer announced it would suspend testing of self-driving cars on public roads. The move was made in response to a fatal accident last week with an autonomous vehicle from Uber, … Read More