Twitter confirmed on Thursday that it has recorded a bigger than expected decline in the number of active monthly users during the third quarter of 2018. Despite this, Twitter’s ad revenue was up by 29% surpassing Wall Street’s expectations for the period under review.
Brendan Iribe, one of the co-founders and former CEO of Oculus, has announced that he’s leaving Facebook. The departure has been attributed to a recent internal shakeup in Facebook’s virtual reality department as well as the cancellation of the “Rift 2” headset.
Brazilian presidential candidate Jair Bolsonaro was accused of illegal campaign practices — allegedly, he would have allowed and encouraged sympathetic businessmen to pay for and spread defamatory messages on WhatsApp about his adversary and his party.
Alex Stamos, former chief of security at Facebook, says the US is not prepared for the 2018 midterms. In an interview with NBC, Stamos said that the US has failed to take aggressive steps to fix the clear vulnerabilities of election attacks and hacking.