Russia Delays Twitter Slowdown Until Mid May: Reuters

Russia will postpone the retaliatory slowdown of Twitter Inc TWTR until May 15 upon the social media company’s accelerated deletion of banned content, including child pornography, drug abuse information, and minor suicide, Reuters reports.
According to Bloomberg, Twitter engaged in a video conference with Russian regulators on April 1 over the deletion of content promoting illegal activity or pornography.
Russia had slowed down Twitter access for nearly a month following regulatory protests over deleting inappropriate content, some dating back to 2017.
Twitter was reportedly removing illegal content within 81 hours of receiving a request missing the 24 hours legal benchmark time.
Russia had accused Twitter, Facebook Inc FB, Telegram, TikTok, and Alphabet Inc’s GOOG GOOGL Google, who also faced penalties for alleged promotion of protests over the jailing of opposition leader Alexey Navalny which illegally forced children to take part in anti-Kremlin protests.
Price action: TWTR shares traded lower by 1.86% at $62.63on the last check Monday.