Twitter (TWTR) Praised For Anti-Terroism Efforts, CNBC's Boorstin Says
NEW YORK (TheStreet) -- Twitter (TWTR) - Get Report is quickly moving to take down terrorist accounts following the horrific Nice, France attacks Thursday night that left 84 people dead and scores more in critical condition, CNBC's Julia Boorstin reported on "Power Lunch" Friday.
"The Counter Extremism Project (nonprofit) praising Twitter for taking quick action in the wake of yesterday's tragic attack," Boorstin said.
The nonprofit which works to push social media companies to assist in combating terrorism tweeted that Twitter reacted to the Nice attacks "faster than we've ever seen before."
However, "the nonprofit was critical that the response just this morning has slowed," Boorstin noted.
"We condemn the use of Twitter to promote terrorism and the Twitter rules make it clear that this behavior, or any violent threat, is not permitted on our service," a Twitter spokesperson commented in a statement aired on "Power Lunch."
Twitter has suspended more than 125,000 accounts that were threatening or that promoted terrorism. Most related to ISIS, according to the statement.
The social media giant also increased the size of the team that reviews threatening accounts to "reduce the company's response time" to reports of terrorism, Boorstin stated.
"As a result, Twitter says it's increased the number of account suspensions and that this type of activity is shifting off the platform," she continued, adding that the Islamic State's Twitter traffic has declined 45% in the past two years.
Shares of Twitter are rising by 1.09% to $18.16 this afternoon.
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Separately, TheStreet Ratings rated Twitter as a "sell" with a score of D.
This is driven by a number of negative factors, one of the most important has been a generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: TWTR
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.