Rise in users boosts Twitter

Twitter posted better-than-expected quarterly revenue and a surprise increase in monthly users, sending shares up almost 16% to a nine-month high as its campaign to clean up fake and abusive accounts continued to attract advertisers.

The site’s results caught the attention of US President Donald Trump, a prolific tweeter with nearly 60m followers, who called for the creation of “more, and fairer” social media companies, repeating his claim that Twitter is biased against Republicans, without presenting evidence.