Thursday, May 26, 2011

Is this the end of Twitter?


We are in the midst of a tech bubble with LinkedIn and RenRen having IPO'd at humungous amounts. Although Twitter's Biz Stone has denied they are ready for an IPO, he must be staring at a multi billion dollar payoff so he must be tempted. (Guardian says Twitter is worth about $10 billion)

That was the case a couple of days ago. Now Twitter is apparently looking at handing over personal data to non US authorities, the value of Twitter is diminishing rapidly. Despite the UK helping Twitter reach its highest ever Tweet rate, they are looking to kick us all in the teeth.

We wouldn't be surprised if we start seeing accounts being deleted at a rapid rate and Twitter being binned by the end of the year.

Would you dare say anything on Twitter that could leave you open to having all your assets taken away and a spell in prison?

Unless of course the UK sorts out its Privacy Legislation (Bill of Rights and all that good stuff) in which case Biz Stone can look forward to joining the billionaires club instead of joining Julian Assange in prison.

http://www.prweek.com/news/rss/1071722/Twitter-faces-regulation-threat/

http://www.guardian.co.uk/media/2011/may/25/twitter-privacy-injunction-battle

http://www.theregister.co.uk/2011/05/25/google_profiles_database_dump/

4 comments:

  1. Calm down for God's sake. When I set up this Twitter account to relay injunction gossip I first of all set up a new e-mail account that is not linked to anywhere. I used that to create the Twitter account.

    If I had been anyone important I would have run the connection to Twitter through a proxy, or more likely gone to an internet cafe to post my stuff.

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  2. Nice to see you've covered your tracks like all good criminals, "Tom".

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  3. I agree with Tom. This article is misleading. Read this article for a slightly different viewpoint.

    Twitter (plus several other companies) were recently subpoenaed in the US for details of users connected to Wikileaks. Twitter was the only company who went to court to fight for the right to notify their users that their accounts were being subpoenaed. This at least gave the users the chance to fight the subpoena in court. Twitter didn't have to do this, and no doubt it cost them in legal fees, but they stood up for their users and earned a lot of respect in the process. (Read more about this here.

    Furthermore, if I want to leak some juicy info on Twitter, I'll do as Tom does and use a fake name and throwaway email address. I'll also browse via Tor to hide my IP address. There is no way that the UK authorities would be able to trace me. Twitter is not going anywhere.

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  4. Part of the problem is that in the UK, tipping-off is an offence. Depending on the offence they're looking to charge, telling someone that they're being investigated can get you up to 5 years in jail.

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