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UNITED AIRLINES HOLDINGS, INC.

(UAL)
  Report
Real-time Estimate Cboe BZX  -  07:15:15 2023-01-30 am EST
48.41 USD   -0.67%
01/27United Airlines Holdings, Inc. : Change in Directors or Principal Officers (form 8-K)
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01/27United Celebrates Historic First Graduating Class of Flight Academy Pilots
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01/27Appointments : United Hires Maria Deacon as Senior Vice President of Technical Operations
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Elon Musk says Twitter's verified service with colors to start next week

11/25/2022 | 03:52am EST

Nov 25 (Reuters) - Twitter Inc is planning to roll out its verified service next Friday with different colored checks for individuals, companies and governments, after a botched initial launch led to a surge in users impersonating celebrities and brands on the platform.

Chief Executive Elon Musk on Friday allotted colors for the categories - gold for companies, grey for governments and a blue check for individuals including celebrities.

"Painful, but necessary," he said, adding that verified accounts will be manually authenticated before a check is activated.

The revamped $8-per-month service will allow individuals to have a smaller, secondary logo of their organizations if verified by them, he said in another tweet on Friday. "Longer explanation next week."

The social media platform on Monday delayed its relaunch to make it foolproof as the service is expected to help Twitter grow revenue at a time when Musk is trying to retain advertisers after buying the company last month for $44 billion.

The subscription service, which was termed by Musk as a "great leveler", was paused on Nov. 11 as fake accounts mushroomed, forcing the world's richest man to bring back the "official" badge to some users.

For instance, one user pretending to be drugmaker Eli Lilly and Co had tweeted that insulin would be free, setting off a drop in the company's shares and forcing it to issue an apology.

The turmoil led several companies including General Motors and United Airlines to pause or pull back ads on the platform. User growth on Twitter, however, is at an all-time high, according to Musk.

(Reporting by Akanksha Khushi and Aditya Soni in Bengaluru; Editing by Saumyadeb Chakrabarty and Arun koyyur)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ELI LILLY AND COMPANY -1.70% 342.1 Delayed Quote.-6.49%
GENERAL MOTORS COMPANY 4.03% 37.95 Delayed Quote.12.81%
TESLA, INC. 11.00% 177.9 Delayed Quote.44.42%
UNITED AIRLINES HOLDINGS, INC. -1.46% 48.73 Delayed Quote.29.26%
All news about UNITED AIRLINES HOLDINGS, INC.
01/27United Airlines Holdings, Inc. : Change in Directors or Principal Officers (form 8-K)
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Financials (USD)
Sales 2022 44 789 M - -
Net income 2022 614 M - -
Net Debt 2022 20 737 M - -
P/E ratio 2022 26,4x
Yield 2022 -
Capitalization 15 931 M 15 931 M -
EV / Sales 2022 0,82x
EV / Sales 2023 0,71x
Nbr of Employees 92 800
Free-Float 99,7%
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Technical analysis trends UNITED AIRLINES HOLDINGS, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 48,73 $
Average target price 57,48 $
Spread / Average Target 17,9%
EPS Revisions
Managers and Directors
J. Scott Kirby Chief Executive Officer & Director
Brett J. Hart President
Gerald Laderman Chief Financial Officer & Executive Vice President
Edward M. Philip Non-Executive Chairman
Torbjorn J. Enqvist Chief Operations Officer & Executive VP
Sector and Competitors