Jack Dorsey Says Twitter Feels ‘Terrible’ After Massive Bitcoin Hacking Scandal

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Jack Dorsey Says Twitter Feels ‘Terrible’ After Massive Bitcoin Hacking Scandal
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Twitter CEO Jack Dorsey apologized for the massive hack that compromised some of the social media company’s most prominent users by lisettevoytko

for the massive hack that compromised some of the social media company’s most prominent users during a Thursday earnings call, the latest development in a hectic week that also saw the large-scale banning of accounts associated with the QAnon right-wing conspiracy theory.“Last week was a really tough week for all of us at Twitter, and we feel terrible about the security incident that negatively affected the people we serve and their trust in us,” Dorsey said, and apologized for the incident.

“We fell behind” in terms of security, Dorsey also said, adding that the breakdown occurred “both in our protections against social engineering of our employees and restrictions on our internal tools.”Wednesday that 130 accounts were targeted during the July 15 attack, with hackers accessing direct messages for 36 of those accounts.

As part of their actions against the conspiracy theory, Twitter will no longer recommend tweets that contain QAnon content and restrict QAnon-related URLs, as well as block it from appearing in the trending section. Twitter stock was up around 3% after the earnings call, during which the company reported large user growth during the second quarter while advertising revenue dropped, as ad spending is curbed by the pandemic and in solidarity with the anti-racism movement.. User growth climbed 34% to 186 million daily active users in the second quarter compared to the same period last year, TwitterWhether Twitter rolls out a subscription service.

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