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Citing rules, Twitter bans advertising from Russian Kaspersky Lab

Apr. 20, 2018 2:32 PM ETTwitter, Inc. (TWTR) StockTWTRBy: Jason Aycock, SA News Editor9 Comments
  • Twitter (NYSE:TWTR) is now banning ads from Russia's Kaspersky Lab, makers of widely used personal computer security and antivirus software.
  • Twitter points to U.S. claims that Kaspersky is linked to Russian intelligence, and says the company's business model conflicts with its advertising rules.
  • Shares are up 1.4% now; earlier, MKM Partners upgraded the stock to Buy with a $40 price target (current price is $31.99).

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