Twitter Reports 23 Million Users Are Actually Bots

An anonymous reader writes: In its most recent quarterly report to the Securities and Exchange Commission (SEC), Twitter disclosed that approximately 8.5% of its users are actually bots. Some of these 23 million bots were created to make revenue-generating URLs, others were created to collect followers that would later be sold to whoever needs a ready audience, and a few were created to mimic stereotypes just for fun. Now that Twitter is a public company, some wonder if these bots help or hinder Twitter's stock value.