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Apparently Twitter has known that they had a lot of fake accounts and bots - often from Ukraine and Russia - and avoided doing anything about them, not to decrease their growth figures.
Twitter's poor market performance makes the problem worse. The social news platform, in contrast to Facebook or Google, has never made money. It therefore pays more attention to its shareholders. One of the most important metrics for its stock price is the "active user base." Millions of bots and fake accounts are boosting the numbers, making the active user base appear much larger than it actually is. The open market is thus creating an incentive to hide the bots. Were Twitter forced to admit the true extent of fake accounts and fake traffic on its platform, it could be the death of the little blue bird.
All of this makes Twitter a convenient disinformation platform. Jack Dorsey, the CEO, has built a news platform optimised for disinformation--not by intention, but in effect.
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