Twitter Inc. (NYSE:TWTR) Comes to an Agreement with the Turkish Government

Denver, CO 05/22/2014 (Stocksntrade) –  Twitter Inc. (NYSE:TWTR) has promised to be more sensitive when responding to Turkish court orders especially when censoring content in its site. The company will also open a live customer support service in Turkey, according to a senior government official. The latest development comes as the social network held talks with the Turkish government on Tuesday and Wednesday in Dublin, to iron out their differences.

Twitter Standoff with Turkish Government

A standoff between Twitter Inc. (NYSE:TWTR) and the Turkish government begun in March after the latter’s site was blocked in the country for two weeks, drawing increased criticism from the international community. The support center will be used to address any complaints as soon as there is a feeling privacy rights violations. Some accounts were consequently closed after it emerged they might have breached Turkey’s national security and privacy regulations.

The Turkish government had blocked YouTube and Twitter from operating in the country after they purportedly aired audiotapes uncovering corruption in the inner circle of Prime Minister Tayyip Erdogan. Twitter ban was lifted in April after a constitution court in its verdict concluded possible violations of freedom and expression rights. YouTube, on the other hand, remains inaccessible to some users.

Twitter Partnership with Amazon

Twitter Inc. (NYSE:TWTR) and, Inc. (NASDAQ:AMZN) have struck a partnership that will allow users to add products to their Amazon Shopping Cart through Twitter’s hashtag #AmazonCart. One will have to link his Twitter and Amazon account to enjoy the service. The service is in operation in the U.S with the U.K using the hashtag #Amazon Basket.

Twitter Inc. (NYSE:TWTR) will not be entitled to any costs once products are placed in Amazon Cart although other financial terms have not been revealed. It is still unknown how this method will be popular although there is huge belief that shopping has become a social activity. Twitter expects to attract advertisement dollars from eCommerce companies as a result of its latest agreement.

Legal Notice: This work is based on what we’ve learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It’s your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Don’t trade in these markets with money you can’t afford to lose. Investing in stock markets involves the risk of loss. Before investing you should consider carefully the risks involved, if you have any doubt as to suitability or the taxation implications, seek independent financial advice. StocksnTrade expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, StocksnTrade, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast.

(c) 2018 StocksnTrade. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of StocksnTrade. See site disclaimer for compensation.

Ben Chouard

Ben Chouard

Ben has a degree in Foreign Trade from the University of Houston. He has severed as a key analyst for several years before working as a freelance journalist.

Leave a Response