Jul 6, 2018

Twitter has been suspending more than 1 million fake accounts per day

Photo: S3studio/Getty Images

Following the backlash of fake news and Russia's manipulation of social media during the 2016 presidential election, Twitter has been suspending more than 1 million accounts per day in recent months in an effort to combat the spread of false information, the Washington Post reports.

The big picture: The rate of suspension has doubled since October — around the time that Twitter first testified on the Hill along with representatives from Facebook and Google. More than 70 million accounts were suspended in May and June.

Key quote: "One of the biggest shifts is in how we think about balancing free expression versus the potential for free expression to chill someone else’s speech. Free expression doesn’t really mean much if people don’t feel safe," Twitter Vice President for Trust and Safety Del Harvey told the Post.

What to watch: How this mass suspension will impact the company's monthly user numbers for the quarter.

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Spaces CEO Brad Herman had an early warning about COVID-19 because his startup supplies VR attractions to a number of theme parks in China. Realizing that the business he spent the last few years building was going to evaporate, Herman quickly found a new way to apply his team's know-how: helping companies host Zoom teleconferences in VR.

Why it matters: Many startups are rethinking the viability of their core businesses in the wake of the coronavirus. Spaces' move is one of many such pivots likely to crop up in the coming months.

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It feels like some big, terrible switch got flipped when the coronavirus upended our lives — so it’s natural to want to simply flip it back. But that is not how the return to normalcy will go.

The big picture: Even as the number of illnesses and deaths in the U.S. start to fall, and we start to think about leaving the house again, the way forward will likely be slow and uneven. This may feel like it all happened suddenly, but it won't end that way.