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Twitter inventory tumbles 15% after it purged faux accounts – CNNMoney

Posted in Trending Topics on 27th July 2018
Jack Dorsey: Twitter shows best and worst of democracy

Jack Dorsey: Twitter exhibits finest and worst of democracy

The variety of folks utilizing Twitter fell throughout the three months ending in June because it labored to scrub up the platform and adjust to new privateness rules.

The social community mentioned Friday that it had 335 million month-to-month customers world wide within the second quarter, down from 336 million customers within the quarter prior. The variety of month-to-month customers may additionally decline by “mid-single-digit thousands and thousands” within the third quarter, Twitter warned.

The corporate attributed the dip partially to “selections now we have made to prioritize the well being of the platform” and, to a lesser extent, complying with sweeping new information safety rules in Europe.

The inventory fell greater than 15% in premarket buying and selling Friday after the earnings outcomes, earlier than rebounding considerably.

On a convention name with analysts Friday, CEO Jack Dorsey mentioned Twitter would proceed to “make investments closely” in bettering the well being of the platform, calling it the “proper factor to do” for the corporate and “for society as a complete.”

“We imagine that Twitter’s worth as a every day service is enhanced when the dialog on the platform is more healthy and other people really feel protected freely expressing themselves,” Dorsey mentioned.

Twitter (TWTR) inventory has almost doubled this yr as the corporate confirmed indicators of a enterprise turnaround, its first ever streak of worthwhile quarters and renewed development in customers and advert gross sales.

Associated: Justin Bieber and Katy Perry amongst Twitter customers hit hardest by follower purge

However the markets have been jittery forward of Friday’s report after rival Fb (FB) spooked traders by warning of slowing gross sales development within the second half of the yr because it focuses on “placing privateness first.”

Twitter has centered on safeguarding the service in current months amid scrutiny of its position in spreading faux information and election meddling in addition to the broader information privateness backlash hitting the tech business. It cracked down on faux accounts, purging suspicious accounts from customers’ follower metrics and eliminated 143,000 apps final quarter for violating its insurance policies.

Like Fb, Twitter is working to adjust to the Common Knowledge Safety Regulation, which took impact in Europe within the second quarter. The corporate mentioned in April that month-to-month energetic consumer development might be “negatively impacted” by the brand new guidelines.

Though consumer numbers alarmed traders, Twitter’s enterprise stays robust. Its gross sales hit $ 711 million for the quarter, up 24% from the identical interval a yr in the past, and it posted its third consecutive worthwhile quarter.

Trump Makes Most Pointed Criticism But of Legal professional Michael Cohen – Wall Road Journal

Posted in Trending Topics on 21st July 2018

President Donald Trump mentioned Saturday recording of him speaking about funds to a former Playboy Playmate might have been unlawful, making his most pointed criticism but of Michael Cohen, who till just lately was Mr. Trump’s private lawyer.

Mr. Trump posted a message on Twitter that it was “inconceivable lawyer would tape a shopper – completely remarkable & maybe unlawful. The excellent news is that your favourite President did nothing fallacious!”

Mr. Cohen taped a face-to-face dialog with Mr. Trump by which the 2 males mentioned shopping for the rights to Karen McDougal’s story that she had an affair with Mr. Trump greater than a decade in the past, in response to individuals acquainted with the matter. Mr. Cohen didn’t reply to a request for touch upon Saturday.

Below New York regulation, just one particular person in a dialog has to consent to being recorded.

The dialog between the then-GOP presidential nominee and his longtime private lawyer passed off in September 2016, the individuals mentioned. That was two months earlier than the election and a month after American Media Inc., the writer of the Nationwide Enquirer, purchased the life rights to Ms. McDougal’s story of the extramarital affair, which she has mentioned started in 2006 and lasted almost a yr. Representatives of Mr. Trump have denied the affair passed off.

Within the dialog, Mr. Cohen instructed Mr. Trump in regards to the American Media deal and steered that they contemplate buying the rights to Ms. McDougal’s story themselves, the individuals with data of the matter mentioned. Mr. Trump, showing open to the suggestion, requested the best way to proceed and whether or not he ought to write a examine or pay in one other method, they mentioned.

The recording of the dialog between Messrs. Trump and Cohen was lower than two minutes lengthy and reduce off earlier than the dialog ended, the individuals mentioned. There have been some interruptions, together with somebody getting into the room to deliver the candidate a Food regimen Coke he appeared to have requested, one of many individuals mentioned.

Representatives for Mr. Trump had beforehand denied any data of American Media’s contract with Ms. McDougal.

Rudy Giuliani, a lawyer for Mr. Trump, mentioned Friday that the file “helps us, fairly than hurts us” and “bears out the very fact” that Mr. Trump wasn’t conscious of the American Media fee to Ms. McDougal earlier than Mr. Cohen knowledgeable him about it.

Lanny Davis, a lawyer for Mr. Cohen, mentioned the recording “is not going to harm Mr. Cohen.”

Federal investigators are inspecting whether or not Mr. Cohen coordinated with American Media to purchase after which bury Ms. McDougal’s story in violation of campaign-finance legal guidelines, individuals acquainted with the matter mentioned. The searches of his property sought details about American Media’s fee to Ms. McDougal, in addition to a few $ 130,000 fee Mr. Cohen made to silence former adult-movie star Stephanie Clifford, The Wall Road Journal beforehand reported, citing individuals acquainted with the matter.

The supplies seized within the April raid had been topic to a weekslong evaluation, led by a former federal decide, for potential attorney-client privilege. It isn’t clear whether or not the previous decide ordered the recording of Messrs. Trump and Cohen to be launched to prosecutors within the Manhattan U.S. lawyer’s workplace, which is main the probe. A spokesman for the U.S. lawyer’s workplace declined to remark.

Write to Michael C. Bender at Mike.Bender@wsj.com

Cleveland Cavaliers rallying round absent Tyronn Lue, says performing … – ESPN

Posted in Trending Topics on 24th March 2018

CLEVELAND — After a 120-95 win over the Phoenix Suns on Friday night time capped a Three-Zero week for the Cleveland Cavaliers since Tyronn Lue took a health-related depart of absence, performing head coach Larry Drew stated the scenario has motivated the crew.

“Typically you need to play the hand that is dealt to you,” Drew stated after Cleveland’s fifth win in six video games. “And positively, it was unlucky what occurred with Coach Lue. And the way in which our guys have responded … You undergo the course of a season, and also you take care of lots of various things. And whenever you try this, you do not know whether or not you are going to have the ability to overcome it.

  • LeBron James scored 27 factors in three quarters, Kevin Love added 20 and the Cleveland Cavaliers welcomed again three gamers from damage throughout a 120-95 blowout Friday night time over the sinking Phoenix Suns, who misplaced their 10th straight recreation.

  • This week’s highlights embody evolutionary Anthony Davis crossovers, tanky jumpers, the ginormous Sixers and extra.

  • LeBron James revealed Friday that two digital billboards had been commissioned in Akron, Ohio, reminding him, “There isn’t any place like house.”

2 Associated

“And I believe for our crew, we actually rallied, No. 1, round Coach Lue, when the group made the choice that he was going to step away for just a few video games. We rallied round him. We rallied round each other.”

Lue had been coping with chest pains and different severe signs, together with coughing up blood, compounded by a lack of sleep for almost all of the season. A crew supply stated he has had success sleeping with extra regularity since he took his depart.

Lue was not with the crew Saturday, in keeping with a supply, because the Cavaliers traveled to New York for Sunday’s recreation towards the Brooklyn Nets. That begins a three-game highway journey which incorporates contests at Miami and Charlotte. Lue won’t coach Sunday’s recreation, the supply stated.

Even when Lue missed the Nets recreation, he might journey to Miami and reunite with the crew for the rest of the journey, as he’ll be evaluated on a game-by-game foundation, a number of sources near Lue stated.

With Lue on the mend, Cleveland beat the playoff-contending Milwaukee Bucks to begin the week, then took care of the East’s No. 1 crew, the Toronto Raptors, on Wednesday and completed with a rout of the league-worst Suns.

The Phoenix victory coincided with the Cavs’ welcoming again three injured gamers — Larry Nance Jr. (15 factors, 10 rebounds, 2 assists), Rodney Hood (9 factors, Three rebounds) and Tristan Thompson (four factors, 10 rebounds).

“All three guys, it was nice to have our bodies that regarded good,” stated LeBron James, who saved up his latest tear with 27 factors, 9 assists and 6 rebounds earlier than sitting out the fourth quarter. “Earlier than we even ran out, our huddle was virtually full, so it was a great step in the suitable route.”

With simply 10 regular-season video games remaining, Drew stated the Cavs’ remaining stretch will likely be of utmost significance.

“These final 10 video games, to me, are very vital video games for our guys who’ve been out,” Drew stated. “That is going to be the primary time the place we’re actually going to get our complete crew collectively. Cedi (Osman) continues to be out, however hopefully we’ll get him again quickly. However these final 10 video games, that is precisely what we will be utilizing them for.”

The rookie Osman has missed the Cavs’ previous seven video games with a hip flexor damage. The one different participant presently lacking from Cleveland’s rotation is Kyle Korver, who’s excused after the dying of his youthful brother, Kirk, this week.

“Ten video games is sufficient time when you could have your complete crew again for the primary time all season, it provides you a chance to, No. 1, set up some sort of rotation that you will be utilizing. Two, these guys are for the primary time all enjoying collectively,” Drew stated. “They get to essentially get a really feel for each other. Ten video games is just not loads, however for us, we’re not going to be grasping at this level as a result of we have gone via what we have gone via, so far as a personnel standpoint. Now we’ll be getting all people again. Whether or not it is 10 video games, whether or not it is 5 video games, we’ve to take these video games and actually use them to our benefit.”

Whereas Cleveland seems to have momentum on its aspect after a topsy-turvy 43-29 begin, James cautioned that the Cavs aren’t out of the woods but.

“I imply, hear, I am staying even keel as a result of you may have an amazing week like this week, after which you may have a horrible week subsequent week,” James stated. “I will keep even keel. Hear, we received higher this week. We performed properly this week. We received some actually good video games versus groups which are on the prime, groups which are on the backside, and we labored our habits. We simply need to proceed to not get too excessive about what we simply completed. We did what we wished to do, and we need to attempt to proceed to try this going into subsequent week.”

Drew, nevertheless, reasoned that even getting thus far with out going fully off the rails was an accomplishment in itself.

“Whenever you have a look at our 12 months and every thing that has occurred, we’ve persevered,” Drew stated. “And to me, that is an indication of a crew that’s mentally sturdy and a crew that’s mentally succesful. Personally, I am very happy with how they’ve responded to every thing. They may’ve gone the opposite means, however they did not. They’ve responded very properly.”

Tom Thibodeau has Derrick Rose’s again — once more – Chicago Tribune

Posted in Trending Topics on 9th February 2018

Few coaches supported a beleaguered participant as eloquently and infrequently as Tom Thibodeau did for Derrick Rose.

And that behavior continued Friday.

Talking with the Tribune’s David Haugh and co-host Dan McNeil on WSCR-AM 670, Thibodeau made clear that whereas he couldn’t touch upon Rose the participant as a result of he’s at the moment a member of the Jazz, he might talk about Rose the particular person and his Bulls previous.

“What Derrick did right here in Chicago was unbelievable,” mentioned Thibodeau, whose Timberwolves tackle the Bulls on Friday evening.

“I feel as time goes on, folks will admire what he did increasingly. It was unlucky the accidents he had. He’s a terrific child. I feel he’s misunderstood. I feel everybody needed extra, however he couldn’t give extra. He was harm. I simply need him to get wholesome once more.”

Rose, traded from the Cavaliers to the Jazz on Thursday, is broadly anticipated to be waived. Experiences have linked Thibodeau and the Timberwolves to Rose, who has endured a number of knee surgical procedures.

“To have (rehab) three consecutive years, that simply takes a toll on you,” Thibodeau mentioned. “What he did right here was actually particular. And I don’t suppose anybody ought to lose sight of that.”

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Home Republicans Launch Secret Memo Accusing Russia Investigators of Bias – New York Occasions

Posted in Trending Topics on 2nd February 2018

The outlines of the memo had been extensively detailed in information experiences in current days. A number of particulars from the entire memo present that it displays a line of assault circulating for weeks in conservative media shops, which have been amplifying a story that the Russia investigation is the illegitimate handiwork of a cabal of senior Justice Division and F.B.I. officers who had been biased towards President Trump and got down to sabotage him.

Learn the Nunes Memo, Annotated

A beforehand secret memo launched on Friday claims that F.B.I. officers abused their authority and favored Democrats within the early levels of the Russia investigation. Rear our reporters’ annotations.

One in every of its chief accusations facilities on investigators’ inclusion within the FISA warrant utility of fabric from a former British spy, Christopher Steele. Mr. Steele was researching attainable ties between Russia’s election interference and Trump associates, however the utility didn’t clarify that he was financed by the Democratic Nationwide Committee and legal professionals for Hillary Clinton’s marketing campaign.

However a Democratic memo written to rebut the Republican doc says that the F.B.I. was extra forthcoming with the surveillance court docket than the Republicans say. The F.B.I. advised the court docket that the data it obtained from Mr. Steele was politically motivated, though the company didn’t particularly determine the data as financed by Democrats, in accordance with two individuals aware of the Democratic memo.

It isn’t clear to what extent the FISA utility hinges on the fabric offered by Mr. Steele. In December 2017, the Republican memo mentioned, Andrew G. McCabe, then the deputy director of the F.B.I., advised the Home Intelligence Committee that no surveillance would have been sought with out Mr. Steele’s info.

However the individuals aware of the Democratic memo mentioned that Republicans had distorted what Mr. McCabe advised the intelligence committee concerning the significance of the data from Mr. Steele. Mr. McCabe offered the fabric as a part of a constellation of compelling proof that raised severe suspicions about Mr. Web page, the 2 individuals mentioned. The proof included contacts Mr. Web page had in 2013 with a Russian intelligence operative.

Mr. Web page’s contacts with the Russian operative led to an investigation of Mr. Web page that 12 months, together with a wiretap on him, one other individual aware of the matter mentioned.

Mr. McCabe advised the committee that the choice to hunt a FISA warrant was additionally prompted by Russian makes an attempt to focus on Mr. Papadopoulos, a visit Mr. Web page took to Moscow in July 2016 and the Russian hacking of Democratic emails that seemed to be geared toward harming the presidential marketing campaign of Hillary Clinton, the 2 individuals aware of the Democratic memo mentioned

The Democratic memo additionally says that when the F.B.I. returned to court docket to resume the wiretap on Mr. Web page, bureau officers advised the choose that the company had reduce ties with Mr. Steele as a result of he was speaking to reporters concerning the investigation. The choose prolonged the warrant anyway.

Video

Trump on Memo: ‘A Lot of Individuals Ought to Be Ashamed’

President Trump declassified the extremely controversial Republican memo on Friday, regardless of a plea from the F.B.I. to not launch it.

Picture by Eric Thayer for The New York Occasions. Watch in Occasions Video »

The Republicans’ assertion that investigators weren’t forthcoming about Mr. Steele is “doubtlessly problematic,” mentioned David Kris, a FISA knowledgeable and former head of the Justice Division’s Nationwide Safety Division within the first time period of the Obama administration.

If the warrant purposes did disclose that Mr. Steele’s analysis was funded by individuals who had been against Mr. Trump’s marketing campaign, even when it didn’t identify the D.N.C. or the Clinton marketing campaign, then the purposes “can be effective,” he mentioned, and the writer of the memo and people who backed its launch try to mislead the American individuals.

“To me, that seems to be the lens by means of which we should always consider the honesty, decency, and integrity of the 2 sides right here,” Mr. Kris mentioned. “Not having seen the FISA purposes, my cash is on D.O.J. and the F.B.I., however presumably time will inform.”

Among the many handful of particulars revealed by the publication of the memo was that the applying additionally cited a September 2016 article printed by Yahoo Information. Written by the veteran investigative reporter Michael Isikoff, it cited unnamed sources saying that authorities investigators had been scrutinizing Mr. Web page’s ties to Russia.

Mr. Steele was later revealed to be a supply for the article, and the memo means that legislation enforcement officers’ inclusion of it of their warrant utility means they had been utilizing the identical supply twice however presenting it as separate sources.

“This text doesn’t corroborate the Steele file as a result of it’s derived from info leaked by Steele himself to Yahoo Information,” the memo mentioned, underlining the assertion.

However it’s unlikely that such an article would have been submitted to the court docket for the aim of corroborating suspect was an agent of a international energy, mentioned Mr. Kris.

Graphic

Confused By All of the Information About Russia? We Are Right here to Assist

A lot of the information about Russia falls into certainly one of three classes, which we break down.

OPEN Graphic

“The concept that they’d cite a newspaper article as affirmative proof of knowledge contained within the article strikes me as very far-fetched,” he mentioned. “It’s more likely that they would come with an article to point out that the investigation had develop into public, and that the goal due to this fact would possibly take steps to destroy proof or cowl his tracks.”

In a unprecedented transfer, the president declassified the identities of the individuals who had approved the warrant. Republican committee employees members mentioned the preliminary FISA warrant for surveillance of Mr. Web page was permitted by James B. Comey, the previous F.B.I. director, and Sally Q. Yates, then the deputy lawyer normal. The date of the unique utility was Oct. 21, 2016.

The warrant was renewed 3 times, that means Mr. Web page was below surveillance for a few 12 months. At numerous factors in renewals of the warrant, required each 90 days, different legislation enforcement officers who signed off included Rod J. Rosenstein, the deputy lawyer normal; Dana J. Boente, now the overall counsel of the F.B.I.; and Andrew G. McCabe, the previous F.B.I. deputy director who resigned below stress this week.

Mr. McCabe has been a frequent goal of Republicans and of the president. Mr. Trump can also be mentioned to be sad with Mr. Rosenstein, who appointed Mr. Mueller as particular counsel to supervise the Russia investigation.

Requested on the White Home on Friday whether or not he would hearth Mr. Rosenstein, the president cocked his head suggestively and mentioned: “You work that one out.”

Pressed on whether or not he had confidence in Mr. Rosenstein, Mr. Trump wouldn’t reply. Additionally on Friday, Legal professional Common Jeff Periods mentioned in an announcement that he would consider the Republican’s criticism.

“I’m decided that we are going to absolutely and pretty confirm the reality,” he mentioned.

The F.B.I., which had publicly clashed with the president over the memo’s launch, had to date held its hearth.

The memo has set off partisan fury in Congress and protests inside the govt department. Legislation enforcement officers have warned that they’ve issues that it jeopardizes delicate nationwide safety info.

Led by Consultant Devin Nunes of California, the chairman of the Intelligence Committee, Republicans have portrayed the memo as revealing a scandalous abuse of surveillance powers by the chief department because it launched the investigation into Russia’s interference within the 2016 election and ties to the Trump marketing campaign.

“The committee has found severe violations of the general public belief, and the American individuals have a proper to know when officers in essential establishments are abusing their authority for political functions,” Mr. Nunes mentioned in an announcement, portraying the memo as recounting an “alarming sequence of occasions” during which intelligence and legislation enforcement businesses had been “exploited to focus on one group on behalf of one other.”

The memo additionally highlights Bruce Ohr, then an affiliate deputy lawyer normal, whose spouse labored as a contractor with FusionGPS, the opposition analysis agency that employed Mr. Steele.

Mr. Ohr’s spouse, Nellie Ohr, labored on contract for Fusion in 2016 doing translations of Russian media experiences and different open-source analysis. Her position was comparatively minor, an individual aware of her effort mentioned. Ms. Ohr was not absolutely briefed on the work that Fusion was doing with Mr. Steele’s analysis, the individual mentioned.

Ms. Ohr’s background was in open-source intelligence — info that’s publicly accessible — and he or she labored beforehand on the Open Supply Heart on the Central Intelligence Company. The middle doesn’t deal with categorized info, and Ms. Ohr wouldn’t have had entry to extremely categorized secrets and techniques or packages throughout her time there.

The memo additionally notes that the FISA utility mentions Mr. Papadopoulos, who pleaded responsible final 12 months to mendacity to the F.B.I. about his contacts with individuals linked to the Russian authorities. The memo mentioned there isn’t a proof Mr. Papadopoulos conspired with Mr. Web page.

High officers and investigators on the F.B.I. and Justice Division have “politicized the sacred investigative course of,” Mr. Trump mentioned earlier on Friday.

Mr. Web page was on the radar of intelligence businesses for years when Mr. Trump named him to be certainly one of his international coverage advisers in 2016. He had visited Moscow in July 2016 and was making ready to return there that December when investigators obtained the warrant. White Home officers have described Mr. Web page as a gadfly who had been “placed on discover” by the marketing campaign and whom Mr. Trump didn’t know.

Proceed studying the principle story