💵 Twitter may owe nearly $1B for allegedly duping investorsÂ
newsletter.lawtrades.com
Twitter is finding out that it’s expensive to allegedly not explain the fine print to investors. The social media company switched how it reported metrics in 2014: According to a lawsuit, Twitter had previously reported an engagement metric that measured how many timers users refreshed their timelines but stopped doing so as the company experienced growing pains. Not only that, it started notifying dormant users messages to encourage them to sign in so they could count those users as active.
💵 Twitter may owe nearly $1B for allegedly duping investorsÂ
💵 Twitter may owe nearly $1B for allegedly…
💵 Twitter may owe nearly $1B for allegedly duping investorsÂ
Twitter is finding out that it’s expensive to allegedly not explain the fine print to investors. The social media company switched how it reported metrics in 2014: According to a lawsuit, Twitter had previously reported an engagement metric that measured how many timers users refreshed their timelines but stopped doing so as the company experienced growing pains. Not only that, it started notifying dormant users messages to encourage them to sign in so they could count those users as active.