INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Twitter canceling accounts that haven’t been used for a long time

Twitter's billionaire owner did not give a timeline for how long the measures would be in place. (AFP)
  • The move comes as Twitter's new boss Elon Musk tries to ramp up engagement, and opportunities to make money, at the online platform he bought for $44 billion last year
  • Musk-mandated changes at Twitter from slashing staff to doing away with free verification check marks seen as stamps of authenticity have alienated users and advertisers

San Francisco, United States– Elon Musk on Monday announced that Twitter is canceling accounts that haven’t been used for a long time.

The move comes as Musk tries to ramp up engagement, and opportunities to make money, at the online platform he bought for $44 billion last year.

“We’re purging accounts that have had no activity at all for several years, so you will probably see follower count drop,” Musk said in a tweet.

Musk-mandated changes at Twitter from slashing staff to doing away with free verification check marks seen as stamps of authenticity have alienated users and advertisers.

Twitter’s blue ticks were reinstated on some media, celebrity, and other high profile accounts late in April — a move protested by many of the recipients.

Musk tweeted at the time that he was “paying for a few (subscriptions) personally.”

Many official media accounts regained a tick, including AFP, which has not subscribed to Twitter Blue.

The reinstated ticks did not lure back US public radio NPR, which in mid-April suspended activity on its accounts.

The broadcaster was among those to protest the “state-affiliated” and “government-funded” labels Twitter attached to them, which were previously reserved for non-independent media funded by autocratic governments.

Since Musk bought Twitter, the company has relaxed the moderation of content on the network, letting back many users banned because of messages inciting hatred or spreading misinformation.

Market trackers say Twitter revenues have fallen as advertisers avoid the platform.