Twitter CEO Jack Dorsey Addresses Hack as Company Nets Record 20 Million Users in Q2, Misses on Earnings

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.Twitter CEO Jack Dorsey Addresses Hack as Company Nets Record 20 Million Users in Q2, Misses on Earnings

. The Bitcoin scammers hijacked accounts with tens of millions of followers, including those of Jeff Bezos, Elon Musk, Kanye West and Kim Kardashian West, Barack Obama, Joe Biden, Bill Gates, Mike Bloomberg, Wiz Khalifa, Apple, Uber and Square’s Cash App.

“We moved quickly to address what happened, and have taken additional steps to improve resiliency against targeted social engineering attempts, implemented numerous safeguards to improve the security of our internal systems, and are working with law enforcement,” Dorsey said. “We understand our responsibilities and are committed to earning the trust of all of our stakeholders with our every action, including how we address this security issue.

From late May to mid-June, when advertisers “slowed or paused” spending in reaction to protests in the U.S. following the police killing of George Floyd, Twitter said. During the last three weeks of June, Twitter’s ad revenue declined 15% year over year and “demand gradually improved once brands returned after the protests subsided,” according to the company.

Twitter reported adjusted earnings per share of 16 cents; analysts on average had expected EPS of 32 cents and revenue of $707.5 million. Most of Twitter’s user growth in the most recent quarter came from overseas. Average U.S. monetizable DAUs were 36 million for Q2, up from 33 million in the prior quarter, while international mDAUs were 150 million, up 17 million sequentially.

 

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Twitter It was probably Zuckerberg thugs

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