Roughly 10,000 racist slurs are posted daily on Twitter, according to a U.K. group that sees value in analyzing the multitudinous chatter on social media.
Based on a nine-day survey of the Twitter TWTR +0.03% feed in November, the Centre for the Analysis of Social Media of the London-based Demos think tank recorded 10,000 racist or ethnic slurs, or one in every 15,000 tweets. The list of slurs includes such words as “nigga,” “white boy” and “spic.”
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Futures for the Dow Jones Industrial Average DJH4 +0.09% were last up 27 points, or 0.2%, at 15,396, while those for the S&P 500 index SPH4 +0.03% had gained 2.3 points, or 0.3%, to 1,746.60. Futures for the Nasdaq-100 index NDH4 +0.36% were up 9.25 points, or 0.3%, at 3,455.
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Twitter Inc. TWTR -17.92% shares tumbled late Wednesday after the company reported weaker than expected user growth and timeline views. Twitter said it had 241 million monthly active users in the fourth quarter, lower than the consensus expectation of 249 million. Twitter's timeline views also reached 148 billion in the quarter. Analysts were expecting nearly 174 billion. Revenue and earnings were "good, but users and timeline views were weak," Wedbush analyst Shyam Patil told.Twitter shares were down 11% after hours.
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Twitter Inc. will post its first financial report as a publicly-traded company this week, on the heels of a rally in social media shares sparked by Facebook and Google’s upbeat reports last week.
But Twitter TWTR -0.24% will also report at a time when analysts have grown more cautious, arguing that the stock has become overvalued, especially after a steady runup since the San Francisco company’s initial public offering in November.
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