Leisure, Lifestyle & Wellness
Twitter planning 10,000-character limit for tweets
New York : Want to convey more to your friends and policymakers on Twitter? Soon, you may be able to tweet in 10,000 characters on the micro-blogging site.
 
According to media reports, Twitter is building a new feature that will allow users to tweet longer than its traditional 140-character limit.
 
The company is currently considering a 10,000-character limit, recode.net reported, adding that Twitter may launch this feature toward the end of the first quarter.
 
This is the character limit the company uses for its Direct Messages product.
 
According to the report, it is also possible that the 10,000-character feature may change before it is finally rolled out.
 
There is, however, no official launch date set so far.
 
"Twitter is currently testing a version of the product in which tweets appear the same way they do now, displaying just 140 characters, with some kind of call to action that there is more content you can't see," recode.net said, quoting sources.
 
Clicking on the tweets will then expand them to reveal more content.
 
The 140-character limit has been around as long as Twitter has and has become part of the product's personality.
 
Twitter is also working on the idea of changing its reverse chronological timeline.
 
The micro-blogging site is experimenting with a Facebook-type way of sorting your timeline where tweets are sorted by relevance and not in reverse chronological order as it happens now.
 
According to motherboard.vice.com, Twitter is working with algorithms similar to the ones Facebook uses to order items on your news feed.
 
"This is an experiment. We're continuing to explore ways to surface the best content for people using Twitter," a company spokeswoman was quoted as saying.
 
Twitter has been hinting towards an algorithmic-driven news feed for more than a year.
 
The test is part of CEO Jack Dorsey's promise for bold changes to Twitter to help get it out of its slow growth, Wall Street Journal reported.
 
"You will see us continue to question our reverse chronological timeline, and all the work it takes to build one by finding and following accounts," Dorsey said earlier this year.
 
"We continue to show a questioning of our fundamentals in order to make the product easier and more accessible to more people," he added.
 
The reverse chronological timeline has been fundamental to Twitter since it began nine years ago and has made sense for a real-time service.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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SEBI bars 27 entities for fraudulent trading
Mumbai : Capital markets regulator SEBI on Tuesday barred 27 entities from the securities market for fraudulent trading in shares of Gemstone Investments Ltd. and Spectacle Infotek.
 
"SEBI initiated investigation into the trading in certain scrips, including Gemstone Investments Ltd. (GIL), pursuant to the detection of a huge rise in the traded volumes and/or price of the shares of these companies during the years 2008, 2009 and 2010," the Securities and Exchange Board of India said in a statement.
 
To protect the interests of investors and preserve the safety and integrity of the market, SEBI barred 10 entities for manipulation in Spectacle Infotek shares and 17 entities for fraud in GIL shares.
 
"The present proceedings were related/connected to each other and connived amongst themselves for execution of synchronized and self trades, creation of artificial volume and price manipulation which not only distorted market equilibrium but were also found to be fraudulent in nature," SEBI said.
 
Of the barred entities, nine are common in both GIL and Spectacle Infotek cases.
 
Interestingly, some of the 27 entities are already in SEBI's banned list for violating capital market norms in LGS Global and Well Pack Papers and Containers and Goldstone Technologies.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Negotiable Instruments (Amendment) Act, 2015, notified
New Delhi : The government on Tuesday said it has notified the Negotiable Instruments (Amendment) Bill, 2015 to clarify the jurisdictional issue for filing of cheque dishonour cases that was approved by parliament in its recent Winter Session.
 
"The provisions of the Negotiable Instruments (Amendment) Act, 2015 shall be deemed to have come into force on the 15th day of June, 2015, the day on which the Negotiable Instruments (Amendment) Ordinance, 2015 was promulgated to further amend the Negotiable Instruments Act, 1881," a finance ministry release here said.
 
The amendments to the Negotiable Instruments Act, 1881 are focused on clarifying the jurisdiction related issues for filing cases for offence committed under section 138 of the act.
 
The amendment provides that jurisdiction for filing of cheque dishonour cases will only be a court within whose local jurisdiction the bank branch of the payee where he delivers the cheque for payment is located.
 
Further, where a complaint has been filed against the drawer of a cheque in the court having jurisdiction under the new scheme of jurisdiction, all subsequent complaints arising out of section 138 against the same drawer shall be filed before the same court, irrespective of whether those cheques were presented for payment within the territorial jurisdiction of that court or not.
 
It has also been provided that if there are more than one prosecution cases against the same drawer of cheques before different courts, the court shall transfer the case to the court having jurisdiction.
 
According to the government, the clarity on jurisdictional issues for trying cheque bouncing cases would increase the credibility of the cheque as a financial instrument.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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