Twitter revenue falls by 40 percent year-on-year in December
04 Mar 2023 04:15pm
picture for illustrative purposes only - 123rf
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The Wall Street Journal reported on Saturday, citing sources, that the refusal of advertisers is associated with the acquisition of the social network by SpaceX and Tesla owner Elon Musk.
In late October, Musk finalised the US$44 billion acquisition of Twitter, a US company founded in 2006 and headquartered in San Francisco, California. Following the takeover, Musk changed the company's day-to-day operations, including the termination of Twitter executives who were responsible for the platform's privacy, cybersecurity and censorship, as well as about two-thirds of Twitter's employees - BERNAMA