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SEC questions Twitter on how it counts fake accounts
The Associated Press ^ | August 24, 2022

Posted on 08/24/2022 9:59:33 AM PDT by Oldeconomybuyer

DETROIT (AP) — U.S. securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform.

The law firm Wilson Sonsini of Palo Alto, California, replied in a June 22 letter saying the company believes it adequately disclosed the methodology in its annual report filed for 2021.

The letter says that Twitter makes its estimates of false accounts with an internal review of sample accounts. The number of fake accounts “represent the average false or spam accounts in the samples during each monthly analysis period during a quarter,” the letter said.

It added that fewer than 5% of Twitter’s “Monetizable Daily Active Usage or Users,” or mDAU, were fake accounts in the fourth quarter of last year, the period that the SEC had questioned.

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: bots; twitter

1 posted on 08/24/2022 9:59:33 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

This is the same Twitter that claims it has the righteous indignation to declare other people as “fake news”.


2 posted on 08/24/2022 10:01:30 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer

House of cards and empty suits. Twitter? Bah, humbug!


3 posted on 08/24/2022 10:02:04 AM PDT by Quentin Quarantino
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To: Oldeconomybuyer

SEC reply: ok sounds good to us.


4 posted on 08/24/2022 10:03:20 AM PDT by Jonny7797
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To: Oldeconomybuyer

Making an appearance of investigating.


5 posted on 08/24/2022 10:03:43 AM PDT by Moorings
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To: Oldeconomybuyer
In order to manage all of the traffic they receive Twitter has to have a massive number of servers with a massive number of processors.

It should be able to analyze more than 5% of the traffic to see what is fake and what is real.

6 posted on 08/24/2022 10:08:17 AM PDT by who_would_fardels_bear (This is not a tagline.)
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To: Oldeconomybuyer
5%? Such a lie. Maybe add a zero to that number, at a minimum.

Just check out how any prominent conservative who tweets, especially Trump in the past, has their tweet absolutely flooded with crazy, taunting leftist replies within a millisecond of posting. It’s an obvious botnet-driven effort to crowd out any replies from normal people and to drive them away from conservative tweets.

7 posted on 08/24/2022 10:16:14 AM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: Oldeconomybuyer
It added that fewer than 5% of Twitter’s “Monetizable Daily Active Usage or Users,” or mDAU, were fake accounts

What makes an account monetizable?

8 posted on 08/24/2022 10:28:58 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: noiseman

They’ve even claimed they can “dial down the amplitude (aka visibility and bot focus) of certain tweets and dial it up for others”. This an influence monster and it’s fake.


9 posted on 08/24/2022 10:30:42 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: Oldeconomybuyer

“Twitter makes its estimates of false accounts with an internal review of sample accounts...”

The real question is HOW does Twitter make its estimates? How does Twitter distinguish an active bot from a real account? That’s the million (or billion in this case) dollar question.


10 posted on 08/24/2022 10:32:40 AM PDT by Boogieman
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To: noiseman

and they all have 0-1 followers


11 posted on 08/24/2022 10:43:49 AM PDT by dhouston
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To: dhouston

https://www.opensecrets.org/orgs/wilson-sonsini-et-al/recipients?id=D000031097

go figure.....


12 posted on 08/24/2022 11:08:13 AM PDT by sappy (criminaldems)
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To: Jonny7797

Probably.🙄


13 posted on 08/24/2022 2:10:22 PM PDT by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
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To: Oldeconomybuyer

I hit Twitter on a fairly regular basis with an add blocking browser. I don’t have a logon with them. The only way they are going to make money from me is if they sell my browsing habits via an IP number. I change that periodically...


14 posted on 08/24/2022 2:22:06 PM PDT by EVO X ( )
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