Twitter will pay around $809 million to settle a 2016 lawsuit

According to the latest news, social networking platform Twitter today announced that it will pay $ 809.5 million, to address a collective 2016 US federal court brought by litigation. The company did not specify which litigation was, and did not comment on the matter. The company said in another regulatory document that Twitter denied any errors or misconduct. Twitter will use its cash reserves to pay the fine, which is expected to be paid in the fourth quarter.

Twitter received six fines in Russia around May this year because it failed to delete illegal tweets as required by the local government. The total amount of these fines was 279.09 million rubles.

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