Twitter Inc (NYSE:TWTR) is slowing down the release of the Fleets feature a day into its launch over functionality issues.
The new feature allows users to post fleeting thoughts, photos, and videos that would disappear after 24 hours.
What Happened: Twitter support team said in a statement Wednesday it is working to fix “performance and stability problems.”
The social media platform's users who have not yet gained access to it could see a further delay. Twitter said that it wants “to ensure we’re providing the best experience for everyone.”
According to Bloomberg, a privacy glitch with Fleets allows people to tag users on posts even if those users have previously blocked them.
Why Does It Matter: The social media platform’s decision to decelerate the rollout comes just a day after it was initially launched.
The Jack Dorsey-led social media company said some users’ discomfort with publicly visible permanent tweets was a motivation behind rolling out the disappearing posts.
Price Action: At the end of Wednesday’s trading session, Twitter was quoting 1.12% higher at $43.33.