Twitter shares news: Platform users advised to change their password

Twitter shares closed a little higher Thursday but are currently in the red as the social network advised its 330 million users to change their passwords after the tech firm discovered a bug in its system.

Twitter shares news: Platform users advised to change their password

Twitter shares closed higher in the US Thursday but are currently lower in after-hours activity as the social media platform has advised its 330 million users to change their passwords.

The warning comes as the tech firm discovered a bug in its system that had the potential to make passwords less secure than they should be.

Twitter shares ended the US Thursday trading session 0.39% higher. However, the stock is over 2% lower after-hours.

Internal discovery

Twitter informed its users of the problem late Thursday. It said that its team had “recently” found a bug in the Twitter system that stored unmasked passwords on an internal log. And, although they said there are no signs of any security breaches, it was advising its users to be ultra-cautious and change their passwords.

“We have fixed the bug, and our investigation shows no indication of breach or misuse by anyone,” Twitter’s chief technical officer Parag Agrawal said.

“Out of an abundance of caution, we ask that you consider changing your password on all services where you’ve used this password,” he added.

Agrawal’s post outlines Twitter’s password protection process, which he said is the industry standard.

Twitter chooses Google cloud storage

Separately, Twitter has also announced it has reached an agreement with Google to move some of its cold data storage to the Google cloud platform.

“We are excited to announce that we are working with Google Cloud to move cold data storage and our flexible compute Hadoop clusters to Google Cloud Platform,” Agrawal said.

“This will enable us to enhance the experience and productivity of our engineering teams working with our data platform,” he added.

That doesn’t mean that all of Twitter’s data will be hosted by Google cloud. Indeed. Such is the massive requirement for data storage and management space that Twitter uses a wide variety of hosts.

However, this is still a big win for Google Cloud.

“There is strong alignment with Twitter’s engineering strategy to meet the demands of its platform and the services Google Cloud offers at a global scale,” said Google Cloud’s CTO, Brian Stevens.

“Google Cloud Platform’s data solutions and trusted infrastructure will provide Twitter with the technical flexibility and consistency that its platform requires, and we look forward to an ongoing technical collaboration with their team,” Stevens added.

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