Twitter User numbers fell to 335 million in the second quarter of the year, down one million from the previous three months reports. Twitter shares have closed down more than 20% after the messaging platform reported a fall in active users reports BBC.
“Because the Twitter has deleted many fake accounts during the quarter there has been a massive decrease in the Twitter accounts”, said chief executive Jack Dorsey.
Twitter and its bigger rival Facebook has been under coercion from regulators in several countries to remove hate speech, abusive content, and misinformation, better safeguard user data and boost transparency on political ad spending.
The user outlook came as Twitter reported higher-than-expected revenue thanks to the FIFA World Cup, video ads and booming international ad revenue. Twitter also earns revenue from licensing its data reports Reuters.