TELUS Digital comments on recent trading in its shares
TELUS Digital (NYSE and TSX: TIXT) has issued a statement addressing recent trading activity in its shares following media coverage about changes in third-party fact-checking practices by a major social media company. The company clarifies that it does not provide fact-checking services in the U.S. to the company in question.
As part of its Trust, Safety & Security portfolio, TELUS Digital provides content moderation services primarily in Europe, where specific laws govern moderation. These services include channel management, user safety, identification verification, and fraud detection. The company moderates content related to criminal activity, fraud, abuse, hate, terrorism, and other harmful content.
TELUS Digital's service portfolio also includes Digital Customer Experience (CX), AI Data Solutions, and Enterprise Digital & Technology Services. The company will announce its Q4 and full-year 2024 results in February.
TELUS Digital (NYSE e TSX: TIXT) ha emesso una dichiarazione riguardante l'attività di trading recente delle sue azioni dopo la copertura mediatica riguardo ai cambiamenti delle pratiche di verifica di fatti da parte di una grande azienda di social media. L'azienda chiarisce che non fornisce servizi di verifica dei fatti negli Stati Uniti per l'azienda in questione.
Come parte del suo portfolio di Fiducia, Sicurezza e Protezione, TELUS Digital fornisce servizi di moderazione dei contenuti principalmente in Europa, dove leggi specifiche regolano la moderazione. Questi servizi includono gestione dei canali, sicurezza degli utenti, verifica dell'identità e rilevazione delle frodi. L'azienda modera contenuti relativi ad attività criminali, frodi, abusi, odio, terrorismo e altri contenuti dannosi.
Il portfolio di servizi di TELUS Digital include anche Esperienza Clienti Digitale (CX), Soluzioni Dati AI e Servizi Digitali e Tecnologici per le Imprese. L'azienda annuncerà i risultati del quarto trimestre e dell'intero anno 2024 a febbraio.
TELUS Digital (NYSE y TSX: TIXT) ha emitido un comunicado abordando la reciente actividad comercial de sus acciones tras la cobertura mediática sobre cambios en las prácticas de verificación de hechos de una importante empresa de redes sociales. La compañía aclara que no proporciona servicios de verificación de hechos en EE.UU. a la empresa en cuestión.
Como parte de su cartera de Confianza, Seguridad y Protección, TELUS Digital ofrece servicios de moderación de contenido principalmente en Europa, donde leyes específicas gobiernan la moderación. Estos servicios incluyen gestión de canales, seguridad del usuario, verificación de identidad y detección de fraudes. La compañía modera contenido relacionado con actividades criminales, fraudes, abusos, odio, terrorismo y otros contenidos dañinos.
La cartera de servicios de TELUS Digital también incluye Experiencia del Cliente Digital (CX), Soluciones de Datos AI y Servicios Digitales y Tecnológicos para Empresas. La compañía anunciará sus resultados del cuarto trimestre y del año completo 2024 en febrero.
TELUS Digital (NYSE 및 TSX: TIXT)는 주요 소셜 미디어 회사의 제3자 사실 확인 관행 변경에 대한 언론 보도 이후 주식의 최근 거래 활동에 대해 성명을 발표했습니다. 회사는 미국에서는 사실 확인 서비스를 제공하지 않는다고 밝혔습니다.
신뢰, 안전 및 보안 포트폴리오의 일환으로 TELUS Digital은 주로 유럽에서 특정 법률이moderation을 규율하는 콘텐츠 조정 서비스를 제공합니다. 이러한 서비스에는 채널 관리, 사용자 안전, 신원 확인 및 사기 탐지가 포함됩니다. 회사는 범죄 활동, 사기, 남용, 증오, 테러 및 기타 유해한 콘텐츠와 관련된 콘텐츠를 조정합니다.
TELUS Digital의 서비스 포트폴리오에는 디지털 고객 경험 (CX), AI 데이터 솔루션 및 기업 디지털 및 기술 서비스도 포함됩니다. 이 회사는 2024년 4분기 및 연간 결과를 2월에 발표할 예정입니다.
TELUS Digital (NYSE et TSX : TIXT) a publié une déclaration concernant l'activité récente de négociation de ses actions suite à une couverture médiatique sur des changements dans les pratiques de vérification des faits par une grande entreprise de médias sociaux. L'entreprise précise qu'elle ne fournit pas de services de vérification des faits aux États-Unis à l'entreprise en question.
Dans le cadre de son portefeuille Confiance, Sécurité et Protection, TELUS Digital fournit principalement en Europe des services de modération de contenu, où des lois spécifiques régissent cette modération. Ces services incluent la gestion des canaux, la sécurité des utilisateurs, la vérification de l'identité et la détection de fraudes. L'entreprise modère les contenus liés à des activités criminelles, à la fraude, à l'abus, à la haine, au terrorisme et à d'autres contenus nuisibles.
Le portefeuille de services de TELUS Digital comprend également Expérience Client Digitale (CX), Solutions de Données AI et Services Digitaux et Technologiques pour Entreprises. L'entreprise annoncera ses résultats pour le quatrième trimestre et l'année complète 2024 en février.
TELUS Digital (NYSE und TSX: TIXT) hat eine Erklärung veröffentlicht, die sich mit den jüngsten Handelsaktivitäten ihrer Aktien nach Medienberichten über Änderungen in den Praktiken zur Faktenüberprüfung durch ein großes Social-Media-Unternehmen befasst. Das Unternehmen stellt klar, dass es in den USA keine Faktenprüfungsdienste für das fragliche Unternehmen anbietet.
Als Teil seines Portfolios für Vertrauen, Sicherheit und Schutz bietet TELUS Digital hauptsächlich in Europa Dienstleistungen zur Inhaltsmoderation an, wo spezifische Gesetze die Moderation regeln. Zu diesen Dienstleistungen gehören Kanalmanagement, Benutzersicherheit, Identitätsüberprüfung und Betrugserkennung. Das Unternehmen moderiert Inhalte, die mit kriminellen Aktivitäten, Betrug, Missbrauch, Hass, Terrorismus und anderen schädlichen Inhalten zu tun haben.
Das Dienstleistungsportfolio von TELUS Digital umfasst auch Digitale Kundenerfahrung (CX), KI-Datenlösungen und digitale und technologische Dienstleistungen für Unternehmen. Das Unternehmen wird seine Ergebnisse für das vierte Quartal und das gesamte Jahr 2024 im Februar bekannt geben.
- Diversified service portfolio across multiple digital sectors
- Established presence in European content moderation market
- Clear focus on regulated markets with specific legal frameworks
- Market confusion about company's services affecting stock trading
Insights
This press release represents a critical clarification from TELUS Digital regarding market misconceptions about its business model and service offerings. The company is actively distancing itself from the recent controversy surrounding social media fact-checking practices in the U.S., which likely triggered unwarranted stock volatility. The key revelation is that TELUS Digital does not provide U.S.-based fact-checking services to the social media company in question, making recent market reactions potentially misaligned with business fundamentals.
The company's content moderation services are primarily focused on European markets, where regulatory frameworks are more stringent and clearly defined. This geographic focus actually represents a strategic advantage, as European digital content regulations like the Digital Services Act (DSA) create a more stable and predictable business environment. The diversified service portfolio spanning Digital CX, AI Data Solutions and Enterprise Services suggests reduced dependency on any single revenue stream.
From a regulatory compliance perspective, TELUS Digital's strategic positioning in the European market is noteworthy. The company's focus on Europe-based content moderation aligns with the region's comprehensive regulatory framework, including GDPR and the Digital Services Act. The explicit detailing of moderation categories - covering criminal activity, fraud, hate speech and terrorism - demonstrates careful alignment with European legal requirements and risk management practices.
The timing of this clarification is important from a securities law standpoint, as it fulfills the company's obligation to address market misconceptions that could materially affect stock price. By providing detailed service scope information and announcing upcoming financial results, TELUS Digital is maintaining transparency and meeting disclosure requirements, potentially mitigating legal risks associated with market speculation.
TELUS Digital is aware of the media coverage widely circulating following the announcement, on January 7, 2025, by a leading social media company modifying its third-party fact-checking practice in the
As part of its overall Trust, Safety & Security portfolio, TELUS Digital does provide a broad spectrum of content moderation services for a number of clients, primarily in
In addition to Trust, Safety & Security, TELUS Digital offers a diversified set of services that includes Digital Customer Experience (CX), Artificial Intelligence (AI) Data Solutions and Enterprise Digital & Technology Services. For a more comprehensive description of the scope and mix of TELUS Digital’s services please visit telusdigital.com/solutions.
TELUS Digital will report its fourth quarter and full-year 2024 results in February, with a scheduling notice announcing the date to be issued publicly in due course.
About TELUS Digital
TELUS Digital (NYSE & TSX: TIXT) crafts unique and enduring experiences for customers and employees, and creates future-focused digital transformations that stand the test of time. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients’ products and services, and visionary technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation. Our portfolio of end-to-end, integrated capabilities include digital IT services, such as cloud solutions and AI-fueled automation, trust and safety services, AI data solutions, including expertise in computer vision, and front-end digital design and consulting services. Fuel iXTM is TELUS Digital’s proprietary GenAI engine at the heart of our innovation, helping enterprises advance their GenAI pilots to working prototypes and production at scale, quickly, securely and responsibly across multiple environments, applications and clouds.
Powered by purpose, TELUS Digital leverages technology, human ingenuity and compassion to fuel remarkable outcomes and create inclusive, thriving communities in the regions where we operate around the world. Guided by our Humanity-in-the-loop principles, we take a responsible approach to the transformational technologies we develop and deploy by proactively considering and addressing the broader impacts of our work. Learn more at: telusdigital.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250110904596/en/
TELUS Digital Investor Relations
Olena Lobach
(604) 695-3455
ir@telusdigital.com
TELUS Digital Media Relations
Ali Wilson
media.relations@telusdigital.com
Source: TELUS Digital
FAQ
What caused the recent trading activity in TIXT shares?
Does TELUS Digital (TIXT) provide fact-checking services in the United States?
What content moderation services does TIXT provide in Europe?
When will TELUS Digital (TIXT) report its Q4 and full-year 2024 results?
