Since the implementation of Twitter’s new algorithmic timeline back in February of this year, conservatives, libertarians and anti-establishment dissidents alike have been waiting for the social media platform to interfere in the current U.S. election cycle. Now it seems that there is clear evidence of Twitter censoring the current Republican front-runner, Donald Trump.
Author: Jack Hadfield
Twitter loses $2 billion in 10 years
Twitter, in an annual 10-K report filed yesterday, revealed just how much money it has bled over the past decade: two billion dollars. In their report, Twitter bluntly acknowledged the extent of the company’s problems: Since our inception, we have incurred significant operating losses, and, as of December 31, 2015, we had an accumulated deficit of $2.09 billion. Although our revenue has grown rapidly, increasing from $28.3 million in 2010 to $2.22 billion in 2015, we expect that our revenue growth rate will slow in the future as a result of a variety of factors, including the decline in the growth rate of our user base. Twitter has been an unprofitable company since before it went public in 2013, accruing more than $400 million prior to its stock market flotation. That loss-making record has not changed. However, after its IPO, those early losses increasingly look like a drop in the ocean. In 2015 alone, Twitter recorded a loss of $520 million, primarily as a result of stock-based compensation given to employees. Twitter of course prefers to ignore these figures and measure their worth on “adjusted earnings,” which exclude the stock-based rewards noted above along with some other expenses, giving them a net income of $277 million in 2015. Even
Canadian Government Creates Trigger Warning Hotline for People Distressed by Canadian Goverment
The Liberal Canadian government, led by Justin Trudeau, has again made a mockery of itself.