Every day, 187 million people open Twitter for information, entertainment and social contacts. This is the real-time global communications network that science fiction novelists envisioned. It’s also a catalyst for conspiracy theories, a forum for hate speech, and a surprisingly lousy business. In this week’s issue of New York Magazine (February 1, 2021), I argue that Twitter’s toxicity and poor financial results are one and the same problem, capable of one and the same solution. Fixing Twitter starts at the top – replacing an absent CEO – and from there changes the company’s business model. The potential rewards are worth it both economically and socially. Since going public in 2013, Twitter has lagged the market, increasing its share price to just 2% a year. For years I have advocated a change in Twitter’s business model for the commonwealth as well as the benefit of shareholders (disclosure: shareholder). The need for this change is greater than ever. Donald Trump’s choice – and his productive use of the platform – has brought Vaseline to the target of this chronic underperformance. The traffic and engagement that Trump brought to the platform (26,000 tweets and 1,000 tags per minute) helped reverse the 63% decline in Twitter’s share price since it was publicly offered. Significantly, when Twitter banned Trump’s account, the stock fell instantly, reducing the company’s market cap by $ 5 billion before slowly gaining ground.
Scholarship description: The international doctoral positions for rehabilitation technology and neuromechanics 2021-22 are open to both international and domestic students. The scholarship enables doctoral programs in engineering, computer science, health and behavioral sciences taught at …………[Read more]
Cairo: Sudanese and Israeli authorities will meet in the coming a long time to examine a bundle of participation arrangements to “accomplish the common interests of the two people groups,” Sudan’s Foreign Ministry said Sunday. …………[Read more]
Further tremors shook Croatia early Wednesday as the Adriatic country was still pounding parts of a deadly earthquake that left at least seven dead and buildings in ruins the day before. The new 4.8 and …………[Read more]