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According to The Washington Post, Twitter has suspended 70 million accounts in the past two months as part of a crackdown on malicious activity on its platform. "The rate of suspensions for May and June is reportedly twice the company's October 2017 suspension rate," reports The Verge. From the report: In a blog post last month, Twitter said it had been working to improve its safety policies, and that its "systems identified and challenged more than 9.9 million potentially spammy or automated accounts per week."

The Post reports that the change in enforcement could cause a decline in users for the company's second quarter, although a Twitter executive told the publication that many of the accounts rarely tweeted, and would therefore not dramatically impact the company's active user count. A Twitter spokesperson said in a statement to The Verge that the company noted in its first-quarter shareholder letter this year that âoeongoing information quality effortsâ had negatively impacted monthly users, and that the efforts could continue to impact user numbers in the future.

An anonymous reader quotes a report from BuzzFeed: Two years ago, people were writing eulogies for Twitter. Rudderless and without product direction, the company was losing users and advertisers, and seemed unable to contain a metastasizing trolling crisis that was destroying its credibility. Employees left by the dozens and then got laid off by the hundreds. It tried to sell, and failed at that too. The press, Wall Street, and the public were merciless. The New Yorker declared it "The End of Twitter." Analyst Michael Nathanson said that at $14 per share there was "no compelling reason to own the stock," and his counterparts applied "sell" ratings in bunches. Over a single weekend in February 2016, more than one million people tweeted "#RIPTwitter."

But then, even as those eulogies were being published, things started changing. Twitter began beating earnings expectations. Star ex-employees trickled back in, finding a new, more positive internal culture than the toxic one they'd left. Advertisers came back too, as did users. The company finally began addressing its trolling problem. And its stock, once unappealing to analysts like Nathanson at $14, is now trading above $46. It's still somewhat taboo to say it, but it's no longer possible to deny it: Twitter is making an unexpected, somewhat miraculous comeback. It is the first major consumer social company to lose users and start growing again in a meaningful way. The report mentions four major factors that led to Twitter's resurgence: "Its acceptance it would never be Facebook, leading to a decision to focus on news as Facebook pulled back. Its move to aggressively add premium live video to its service. Its CEO Jack Dorsey's directive to its product team to rethink everything. And a key component of many great comebacks: luck."

Mattel and Tynker are teaming up to launch seven new Barbie-themed coding lessons this coming summer. "The curriculum, aimed at teaching girls about computer programming, will also expose them to potential careers like becoming a veterinarian, astronaut, or robotics engineer," reports Engadget. "The larger goal is to introduce coding to 10 million kids by 2020." From the report: The Barbie programming curriculum has been designed for beginners grades K and up. It puts learners in career roles alongside Barbie as it introduces concepts gradually. It's not all just Barbie, of course, with a few different initiatives coming in 2018, including a Mattel code-a-thon and teacher outreach program as well as involvement in the Hour of Code in December.

"For close to 75 years, Mattel has taken a visionary approach to advancing play for kids around the world, most recently promoting computer programming and other STEM skills alongside iconic brands like Barbie, Hot Wheels and Monster High," said Tynker's Krishna Vedati in a statement. "We are very excited by this expanded partnership and the ambitious -- but achievable -- goal of teaching 10 million kids to learn to code by 2020 using Mattel brands."

Tesla has reported the largest quarterly loss in its history, and said it was cutting production of its Model S and Model X vehicles. Here are the key third-quarter numbers with expectations via Bloomberg: Adjusted loss per share: -$2.92 (-$2.23 expected); Revenue: $2.98 billion ($2.39 billion expected); Free cash flow: -$1.4 billion (-$1.2 billion (expected). Yahoo News reports: The company said it plans to produce 10% fewer units of its Model S and Model X models in the fourth quarter and reallocate resources to the Model 3, its newest. Tesla expects to hit a Model 3 production rate of 5,000 vehicles per week by late Q1 2018. "While we continue to make significant progress each week in fixing Model 3 bottlenecks, the nature of manufacturing challenges during a ramp such as this makes it difficult to predict exactly how long it will take for all bottlenecks to be cleared or when new ones will appear," Tesla said in its statement. Tesla said in October that it produced only 260 vehicles, well below its target of 1,500. CEO Elon Musk said the Model 3 was "deep in production hell."

An anonymous reader quotes a report from The New York Times (Warning: source may be paywalled; alternative source): Twitter said on Thursday that it had overstated its monthly-user figures since 2014 after mistakenly including data from third-party applications in its counting. The revelation came as the company reported that its net loss had narrowed in the third quarter and that its number of daily active users had risen 14 percent. The company said it had discovered that its measure of monthly active users had been improperly including figures from third-party applications that used Digits, a software-development program. Digits is part of the Fabric mobile application platform that Twitter sold to Alphabet, Google's parent company, this year. Digits allowed third-party applications to send authentication messages through Twitter's systems and did not reflect activity on the Twitter platform, the company said. As a result, the company lowered the number of monthly active users by two million for the first and second quarters of this year and by one million for the fourth quarter of 2016. Twitter said its data-retention policies made it unable to reconcile the figures for periods before last year's fourth quarter.

Comcast and Charter announced an agreement to cooperate in their plans to sell mobile phone service, an agreement that also forbids each company from making wireless mergers and acquisitions without the other's consent for one year. "That agreement could stoke Wall Street speculation among investors and analysts that the two largest U.S. cable companies together could decide to make a play for a carrier like T-Mobile U.S. Inc. or Sprint Corp.," wrote The Wall Street Journal. Ars Technica reports: The deal could violate antitrust law, said Harold Feld, an attorney and senior VP of consumer advocacy group Public Knowledge. "One of the basic ideas of antitrust law is that when companies that compete with each other, or could compete with each other, make an explicit agreement to not compete with each other, that violates the antitrust laws," Feld told Ars today. "Agreeing to coordinate with each other to avoid competition is expressly a violation of the antitrust laws." But that doesn't mean Comcast and Charter won't be able to follow through with their plan. It's impossible to say with absolute certainty whether any specific agreement violates antitrust law, and "both Comcast and Charter have very good lawyers," Feld said. Comcast and Charter have a combined 47 million internet subscribers, dominating the US market for high-speed broadband, but they do not compete against each other in any city or town. The Comcast/Charter cooperation agreement fits in nicely with Comcast's mobile plans, because the company intends to sell smartphone data plans only to customers who also have Comcast home Internet service. Comcast's mobile service is scheduled to be available by the end of June, while Charter has said it intends to offer similar service in 2018.

An anonymous Slashdot reader shares a report from BGR: Tesla on Wednesday released its earnings report (PDF) for the company's recent fourth quarter. When the dust settled, Tesla posted revenue of $2.28 billion and a loss of 69 cents per share. By way of contrast, Tesla during the same quarter a year-ago posted a loss of $0.87 per share on the back of $1.75 billion in revenue. Notably, Tesla notes that its cumulative 2016 revenue checked in at $7 billion, a 73% increase from 2015. As far as the Model 3 is concerned, Tesla's press release relays that the company is still on track to begin production in July ahead of volume production in September.

Tesla notes in its press release: "Our Model 3 program is on track to start limited vehicle production in July and to steadily ramp production to exceed 5,000 vehicles per week at some point in the fourth quarter and 10,000 vehicles per week at some point in 2018. To support accelerating vehicle deliveries and maintain our industry-leading customer satisfaction, we are expanding our retail, Supercharger, and service functions. Model 3 vehicle development, supply chain and manufacturing are on track to support volume deliveries in the second half of 2017. In early February, we began building Model 3 prototypes as part of our ongoing testing of the vehicle design and manufacturing processes. Initial crash test results have been positive, and all Model 3-related sourcing is on plan to support the start of production in July. Installation of Model 3 manufacturing equipment is underway in Fremont and at Gigafactory 1, where in January, we began production of battery cells for energy storage products, which have the same form-factor as the cells that will be used in Model 3."

An anonymous reader quotes a report from Ars Technica: Netflix has gleefully poked a stick at its competitors in the video streaming market, after revealing it had added more than seven million subscribers to its service in the last three months of 2016. HBO also got a special mention. In a letter to shareholders, the company's boss Reed Hastings teased the TV drama maker by noting that, if the BBC was willing to stream shows before they air on television, then maybe HBO -- which has rigidly stuck to its strategy of eking out episodes to viewers -- should do the same. He said: "[...] the BBC has become the first major linear network to announce plans to go binge-first with new seasons, favoring internet over linear viewers. We presume HBO is not far behind the BBC. In short, it's becoming an Internet TV world, which presents both challenges and opportunities for Netflix as we strive to earn screen time." But it's worth noting that HBO currently has an exclusive deal with Sky in the UK, Ireland, Germany, Austria, and Italy, allowing the broadcaster to have first-run rights on the likes of Game of Thrones and Westworld until 2020 -- so any such change isn't likely to happen in the near-term. Late last year, it struck a deal with Netflix rival Amazon, allowing Prime members in the US to sign up for a monthly HBO subscription. "We have a very successful partnership with this great company that continues to evolve," said HBO exec Sofia Chang in December. The company's HBO Now streaming service shows no sign of shifting strategy, either, with programs airing simultaneously on traditional TV and online.

anderzole writes from a report via BGR: Tesla on Wednesday posted its earnings report for the quarter gone by and investors will have a lot to cheer about. While analysts on Wall St. were expecting Tesla to post a loss, Tesla during its September quarter actually posted a profit, and an impressive profit at that. When the dust settled, Tesla posted a quarterly profit of $22 million and EPS of $0.71. Revenue for the quarter checked in at $2.3 billion. Illustrating how impressive Tesla's performance was this past quarter, Wall St. was anticipating Tesla to post a loss amid $1.9 billion in revenue for the quarter. As far as deliveries are concerned, Tesla during the quarter boasted that it achieved record vehicle production, deliveries and revenue. More importantly, Tesla reaffirmed via a shareholder letter that the Model 3 is still on track for a late 2017 release. You can read Tesla's shareholder letter here.

An anonymous reader writes: Netflix released its earnings report (PDF) for the second quarter today, where it reported $1.97 billion in revenue and net income of $41 million. The company did however report only 1.54 million subscribers, which is below its projections of 2.5 million new subscribers. As a result, stock is down around 14 percent in after-hours trading. "Our global member forecast for Q2 was 2.5m and we came in at 1.7m. Gross additions were on target, but churn ticked up slightly and unexpectedly, coincident with the press coverage in early April of our plan to ungrandfather longer tenured members and remained elevated through the quarter," Netflix wrote. "We think some members perceived the news as an impending new price increase rather than the completion of two years of grandfathering." The company defended its price hikes, writing that "while ungrandfathering and associated media coverage may moderate near term membership growth, we believe that ungrandfathering will provide us with more revenue to invest in our content to satisfy members, thus driving longterm growth." In the past, Netflix gained 13 million new subscribers in 2014, and 17 million in 2015. Comcast will reportedly allow Netflix onto its X1 platform, which may entice more customers to the streaming service.

Ernesto Van der Sar, writing for TorrentFreak: Netflix CEO Reed Hastings says that the recent crackdown on VPN and proxy users hasn't hurt the company's results. The VPN blockade only affects a small but vocal minority, according to Hastings, and there are no signs that hordes of subscribers are abandoning ship. Earlier this year Netflix announced that it would increase its efforts to block customers who circumvent geo-blockades. As a result, it has become harder to use VPN services and proxies to access Netflix content from other countries, something various movie studios have repeatedly called for. When asked about the impact of the VPN changes on the results, Hastings brushed the issue aside as a minor detail that doesn't impact the bigger picture in any way. "It's a very small but quite vocal minority. So it's really inconsequential to us, as you could see in the Q1 results." Earlier this year, Hastings also admitted that a VPN-blocking policy might be impossible to enforce.

An anonymous reader writes: You want to hear a staggering statistic? Netflix has more than twice as many U.S. subscribers as Comcast. Netflix USA writes, "According to [Comcast's] Q4 report, Comcast ended 2015 with 22,347,000 video subscribers. Netflix's own shareholder report listed their U.S. membership base at 44,740,000 strong. That's 100.2% more than Comcast -- a staggering statistic." It's impressive to see how quick the Netflix subscriber base has grown just in the past five years from around 20 million subscribers to nearly 45 million subscribers. What's also interesting to reflect on is the two different business models. Netflix USA writes, "Netflix makes its money off of a lot of subscribers paying about $10 a month each, while Comcast charges far fewer customers far more."

An anonymous reader writes: In its latest annual report, Intel says that it will be moving away from its decade-old "tick-tock" strategy (PDF) for developing new chips. From the company's 10-K filing, "We expect to lengthen the amount of time we will utilize our 14nm and our next generation 10nm process technologies, further optimizing our products and process technologies while meeting the yearly market cadence for product introductions." Anand Tech's Ian Cutress explains, "Intel's Tick-Tock strategy has been the bedrock of their microprocessor dominance of the last decade. Throughout the tenure, every other year Intel would upgrade their fabrication plants to be able to produce processors with a smaller feature set, improving die area, power consumption, and slight optimizations of the microarchitecture, and in the years between the upgrades would launch a new set of processors based on a wholly new (sometimes paradigm shifting) microarchitecture for large performance upgrades. However, due to the difficulty of implementing a 'tick', the ever decreasing process node size and complexity therein, as reported previously with 14nm and the introduction of Kaby Lake, Intel's latest filing would suggest that 10nm will follow a similar pattern as 14nm by introducing a third stage to the cadence."

hypnosec writes "World of Warcarft, the gaming industry's most popular franchise and one of Blizzard's cash cows, is bleeding subscribers with 1.3 million defecting from the game in the first quarter of 2013 alone. Blizzard revealed a subscriber decline of over 14%, the total now standing at 8.3 million in their earnings call press release (PDF)."

Joe Quimby writes "Microsoft and Yahoo have finalized and executed their Web-search agreement after five months of deliberation, the companies announced Friday. Microsoft and Yahoo reached a revenue-sharing agreement in July to combine their search businesses. Under the 10-year agreement, Yahoo's Web search would be powered by Bing and Yahoo would retain most ad revenue from its site."

animeking503 was one of several readers to send word that after closing its doors earlier this year, CircuitCity.com is alive and kicking once again. Systemax Inc., the company that owns TigerDirect and CompUSA, purchased the Circuit City e-commerce brand name last month, and has now re-launched the website with promises of lower prices and better service. The Consumerist points out that the new site's return policies leave something to be desired.

mikkl666 writes "Even just since this morning, there's much to report in the ongoing fight between Microsoft and Yahoo!. After Yahoo! announced yesterday that they are testing Google AdSense, Microsoft reacted with a comment pointing out that 'any definitive agreement between Yahoo! and Google would consolidate over 90% of the search advertising market in Google's hands.' Ironically, they complain that 'this would make the market far less competitive.' Both companies try to team up with strong partners, as well. Yahoo! and AOL are now closing in on a deal to combine their Internet operations. And of course, this morning's news was that Rupert Murdoch's News Corp. is apparently in talks for a joint bid for Yahoo!"

mikkl666 writes "In response to an open letter from Steve Ballmer, Yahoo! posted a press release claiming that Microsoft's offer 'substantially undervalues Yahoo!' and is therefore not in the best interest of the company. They also bemoan that the letter 'mischaracterizes the nature of our discussions' and that the threat to make an offer directly to the shareholders is 'counterproductive and inconsistent with the stated objective of a friendly transaction'. Nevertheless, they explicitly point out that a transaction with Microsoft is still an option, but only if they are willing to pay 'a price that fully recognizes the value of Yahoo!'"

jschauma writes "Yahoo published a press release announcing that it has become a platinum sponsor of the Apache Software Foundation. In their company blog, Yahoo points out their particular interest in the Apache projects Lucene and Hadoop, and that they have hired Doug Cutting, creator of both projects and VP at Apache. (Lucene powers the search on Wikipedia; Yahoo also provides hosting capacity to Wikimedia.)"

lazarus corporation writes "According to a press release on shareholder.com, PayPal are introducing micropayments processing fees for digital goods. Will this allow musicians to do away with record companies completely and successfully sell their own music online?" It looks geared to be the under $2 area and not the couple of pennies area, so I think calling it "Micropayments" is a bit much, but it's something. Still amazing that in 2005 nobody has figured out a way to make it simple to charge a penny on-line.

Sivar writes "StorageReview got their hands on a Maxtor Atlas 10K V, the first SCSI hard drive in more than two years to double capacity. Considering how quickly storage was improving just a few years ago, and other news like Intel's cancellation of the 4GHz Pentium IV despite AMD's lead you have to wonder if the traditional predictions of the end of Moore's Observation are actually beginning to come true."

SparkyTWP writes "Maxtor has once again shown the world that we need more room for porn by announcing new IDE hard drives with capacities of up to 320GB. Prices will be between $300 and $400 and be commercially available by the end of the year."