Twitter is taking steps to remove bots after growing criticism. This week the company quietly deleted thousands of automated accounts. Shares of Twitter were down about 3 percent on Thursday. The Daily Beast's Technology Reporter Taylor Lorenz explains whether this move is a little too late for Twitter.
"It's great that they are addressing the bot problem. Of course, it would have been much better if they had addressed it earlier," says Lorenz. "I'm skeptical it will make a huge difference."
Lorenz interviewed several former Twitter engineers who said the company's bot protection technology was so bad that they only addressed it after the media backlash.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market.
The federal government will “not hesitate to crack down” on harmful business practices involving artificial intelligence, the head of the Federal Trade Commission warned Tuesday.
