Breaking: Twitter Admits Inflated Video Advertisement Views and Overbilling as More Executives Jump Ship

This is yuge. UK Business insider has just revealed (archive here) that due to a software error Twitter has been accidentally reporting higher advertising metrics for some video adverts by up to 35%. This led to customers being overbilled, although they have now received refunds. At roughly the same time, the Chief Technology Officer of Twitter Adam Messinger and Vice President of Product Josh McFarland have also announced their departures from the troubled social media network (archive here).

TwitterLogoBirdIsDeceased

Twitter ad figures in some cases were inflated by up to 35%. This bird is beginning to look a bit, well, deceased. Image used under the Copyright parody exception.

At the same time, on respected analyst Trip Chowdhry at Global Equities Research released a note describing the Twitter as, “toast”, and opining that stock in the company is worth less than $10 (archive here). That note appears to have been issued before the latest revelations.

All year Twitter stock has been collapsing in value and executives have been leaving as scandal after scandal hits the company. There was the removal of Milo Yiannopoulos, the scandal over paedophiles using the service and the incredibly foolish and arrogant refusal of the service to rule out banning the President-Elect of the United States, Donald Trump. As a result, Dorsey was recently humiliated by being excluded from a meeting between Trump key leaders of the technology industry.

Earlier this year a string of buyers, including Google and Disney looked into Twitter and decided not to invest (archive here), again causing stock to fall. Existing investors were jittery and new ones deterred even before it emerged today that Twitter’s advertisement figures were too high.

Earlier this year I decided to leave Twitter, after compelling them to unsuspend me. At the time the decision was vexing. I had built up a following but I reasoned that it would be a waste of effort to accumulate more followers only to be arbitrarily suspended by a monolithic organisation. Many people have felt unfairly treated by Twitter and there is a perception it is hostile to right-wing views. Now as Twitter’s future looks to be increasingly in doubt, I am happier than ever that I made the right decision.

Every day it becomes increasingly likely that Twitter will fail. We can only hope Trump will hasten the day by moving over to the far superior free speech platform Gab.ai as soon as the platform can handle the numbers he will bring.

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This entry was posted in Conservative, Free Speech, Gab.ai, President Donald Trump, Republican, Samuel Collingwood Smith, Twitter by Samuel Collingwood Smith. Bookmark the permalink.

About Samuel Collingwood Smith

Samuel Collingwood Smith was born in the north of England, but his family moved south early in his life and spent most of his early years in Welwyn Garden City before attending Queen Mary, University of London, where he studied Economics. Smith was employed as a Labour Party fundraiser in the 2001 General Election, and as a Labour Party Organiser in the 2005 General Election. In 2005 Smith was elected as a Borough Councillor for Haldens Ward on Welwyn Hatfield Borough Council and served for 3 years until 2008. In 2009 Smith changed sides to the Conservative party citing division within Labour ranks, Labour broken promises and Conservative improvements to local services. In 2012 Smith started to study a Graduate Diploma in Law, passing in 2014. Smith then moved on to studying a Master's Degree in Law combined with an LPC, receiving an LL.M LPC (with Commendation) in January 2017. During his study, Smith assisted several individuals in high profile court cases as a McKenzie Friend - in one case being praised by Parliamentary petition for his charitable work and legal skills. Smith is also the author of this blog, Matthew Hopkins News, that deals with case law around Family and Mental Capacity issues. the blog also opposes online drama and abuse and criticises extreme-left politicians.

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