Twitter Huge Move: Live Streaming News and Verification Updates

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Another wave of changes is coming from Twitter.

Soon you’ll be able to see Twitter’s first rolling news feed. As it was announced, Bloomberg launches Twitter-based 24/7 Live Streaming news network on Dec. 18.

bloomberg-twitter-ceo-together-photo

Michael Bloomberg and Jack Dorsey took part in a Q&A as part of Bloomberg’s NewFronts presentation.
Source: Jamie Watts/Bloomberg Media

There are already known six founding partners, which are Goldman Sachs, Infiniti, TD Ameritrade, CA Technologies, AT&T and CME Group. Bloomberg is already hiring staff that is about 50 journalists.

It is an experimental way for two companies to compete with such media giants as Facebook and Google.

“In this age of the Google/Facebook duopoly, a relentless focus on invention and innovation is the only way to succeed,” says Bloomberg Media CEO Justin Smith. “The fruits of disruption don’t and shouldn’t only belong to the dominant tech (aka “Media”) platforms.”

As you remember, earlier Twitter provided the expansion of character amount up to 280 that seems to be very conveniently for the new partnership project.

But even that’s not all news from Twitter

twitter-screen-updates-photo

Source: Eric Blattberg / VentureBeat

This week the company revised its verification policy and come to a decision to remove the verification badges from accounts that somehow violate its rules.

Twitter informed its users about the novelty on of their official support account.

“Verification has long been perceived as an endorsement,” the company said in a tweet. “We gave verified accounts visual prominence on the service which deepened this perception. We should have addressed this earlier but did not prioritize the work as we should have.”

The company is about to provide alternative authentication and verification program but still, there are any details. In the meantime, it is not verifying any accounts, which the company announced last week.

In the meantime, though, Twitter said it had begun a “review” of verified accounts in an effort to identify accounts that violate its rules.

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