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.
Google has become yet another high profile Silicon Valley tech giant to be engulfed in a privacy breach scandal. A bug in the API for Google+ had been allowing third-party applications and their developers to access data from Google+ users without permission.
Facebook announced last Friday that hackers had accessed account entry keys for over 50 million users. However, the impact could go beyond the 50 million accounts. The stolen entry keys may have been used to gain entry into other sites.
Uber has agreed to pay a $148 million fine over data breach. The ride-hailing company has also promised to take steps to tight data security to ensure that this breach doesn’t happen again in the future.