Leo says that when it first began, Twitter called itself the "free speech wing" of the free speech party. But after recent bans of Alex Jones, Leo ponders what happened. The bottom line is, if you are for the first amendment, you have to be for unpopular speech as well. But make no mistake, Twitter is a private company, and it can ban anyone for any reason.
Twitter purged over a million bots and fake accounts, and Wall Street reacted by a 20% loss in Twitter's stock value. The reason? The Social Media giant is contracting, not growing. Or, in reality, the perception of Twitter's actual active users is far less than Wall Street likes and as such, many investors sold their stock.
Twitter banned a ton of fake accounts this quarter, and as a result, not only lost 1 million active users, but also saw their stock take a dump. Even though they made $20 million in the process. But Wall Street says that Twitter isn't growing, and as a result, the value declined. Even Facebook took a hit this week, in the single largest stock loss in Wall Street trading history. $120 Billion in lost value. Mark Zuckerberg lost over half his personal wealth. But Leo says he'll likely bounce back over time.
Twitter sent an email to its 330 million users recommending that they change their passwords. This is because of an error that caused user passwords to be stored unencrypted and in plain text. While this was a big flaw, Twitter is being praised for disclosing the information immediately so users can take action to protect their accounts.
Mike is going to China and wants to know how he can use Gmail, Facebook or Twitter. Leo says that it changes all the time depending on the social unrest that's going on. There is a Wikipedia page that will show him. One thing he can do is create a Yahoo Mail account, have Gmail fetch it, and then use that. It's a workaround but it can work. He may be able to go to the .CN versions of websites, though.
According to a new study, the more outrageous fake news tweets you see on Twitter, the more likely it will be retweeted, while actual news only gets retweeted about 1/4 of the time. Leo says that this is driving many to give up the social media app altogether. And those who have stayed, Leo says it works as an outrage engine to rage at the machine.
Pew Research Center on Internet and Technology did a study on social media and the stats for early 2018 were surprising. 78% of 18-24 year olds use Snapchat, and most of them visit the platform many times a day. 71% of 18-24 year olds also use Instagram, and only 45% Twitter. Roughly 2/3rds of US adults say they use Facebook, and 3/4 of that number on a daily basis. Facebook is easily used by the majority of Americans every single day. YouTube's numbers were even higher. 73% of adults say they use YouTube.
The New York Times recently ran a story about a company that's been selling fake social media accounts to celebrities and businesses. It's called Devumi, and it has millions of fake Twitter accounts. Some of them are based on stolen social identities. They may have pictures, backgrounds, and bios that are real but are part of a fake account that is then sold off. This is very widespread because in Hollywood, the amount of money actors make in a movie is often tied to the number of followers they have. This is what happens when follower counts are an important measure of success.
Richard has an old Alcatel phone that lets him post to Twitter, while his LG phone won't. Rich says to try uninstalling the app, then reinstalling it. He should also uninstall any apps he doesn't need. Lastly, he should try HTC Boost Plus. It's an app that scans the phone for junk files and deletes them.
According to a new study, social media is making us miserable as we compare our lives to those posting online. Leo suggests trying to search the beginning of a phrase in Google, such as "I always," and Google will finish the phrase using search data from other people. You'll immediately find out that everyone else's lives are not as glamorous as they seem on social media.