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Twitter Sued by Investor Accusing Social Network of Lying About User Growth


Twitter Inc. is being sued by an investor for failing to deliver on and allegedly lying about the rate of their user growth, Bloomberg reports.

A lawsuit was filed against Twitter Inc. on Friday in San Francisco by an investor who felt that Twitter misled them when discussing active users on the platform. In November 2014, Twitter promised investors that their active monthly users would increase to 550 million in the “intermediate” term and billions in the “longer term.” – READ MORE

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