Twitter to Remove Idle Accounts, Archive them

FILE PHOTO: A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
FILE PHOTO: A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
TT

Twitter to Remove Idle Accounts, Archive them

FILE PHOTO: A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
FILE PHOTO: A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO
Elon Musk announced in a tweet on Monday, saying that the action is "important to free up abandoned handles."

Twitter's billionaire owner in a separate tweet said inactive accounts will be archived, Musk did not add any details
on when the process will begin.

It was not immediately known if or how Twitter users will be able to access archived accounts.

Musk also said users on the micro-blogging platform could see a drop in follower count, as several inactive accounts might get removed.

According to Twitter's policy, users should log in to their account at least once every 30 days to avoid permanent removal due to prolonged inactivity, Reuters reported.

Earlier this month, Musk "threatened" to reassign National Public Radio's Twitter account to another company, after the public broadcaster stopped posting content to its 52 official Twitter feeds in protest against a Twitter label that implied government involvement in its editorial content.

Twitter last month removed the legacy verified blue tick from the profile of thousands of people, including celebrities, journalists and prominent politicians.

Musk has made account verification a part of Twitter's Blue subscription, a move he said would tackle the issue of bot accounts on the social media platform.



Apple Supplier IQE to Launch Strategic Review as It Warns of Flat Revenue This Year

Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. (Reuters)
Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. (Reuters)
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Apple Supplier IQE to Launch Strategic Review as It Warns of Flat Revenue This Year

Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. (Reuters)
Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. (Reuters)

British semiconductor wafer maker IQE said on Monday it would start a strategic review of its assets and consider a full sale of its Taiwan operations, as it warned that group revenue would not grow this year due to a weaker-than-expected sector recovery.

The Apple supplier had announced in July plans to launch an initial public offering for its Taiwan business on the local stock exchange, while retaining control of the unit, but said on Monday that it was now looking at all options.

Shares of the company skidded 15% to 9.02 pence in early trading. They have dropped about 54% this year.

"We will continue to further optimize our operations, restructuring and right-sizing our business," an IQE spokesperson said.

The company, which last month announced the immediate departure of CEO Americo Lemos, has been navigating a challenging financial environment with a sluggish recovery in the semiconductor industry and the growing significance of supply chain security over cost, amplified by rising US-China tensions.

Its peers, including US-based Apple supplier Skyworks Solutions and Chipmaker Qorvo, have all reported soft quarters and guidance over the quarter.

IQE had earlier expected both annual revenue and adjusted core profit to grow.

IQE, whose 'epi-wafers' are used in the Apple iPhone's facial recognition sensors, said it expects 2024 revenue to be around 115 million pounds ($145.27 million), or flat year-on-year.

An LSEG poll of three analysts had forecast full-year revenue of 132.59 million pounds.

IQE said it expects full year adjusted core profit of at least 5 million pounds. Analysts, on average, had forecast core profit of about 12.5 million pounds, according to the LSEG poll.