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 …
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 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 …
(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 …
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 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 …
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
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 …
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
"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