Twitter’s daily revenue on Jan. 17 was 40% lower than the same day a year ago, The Information reported on Wednesday
’s takeover last year, The Information reported on Wednesday, citing a person familiar with its ad business.
The social media company’s daily revenue on Jan. 17 was 40 per cent lower than the same day a year ago, the report added.Twitter did not immediately respond to a Reuters’ request for comment on both the media reports. Since Musk took over Twitter last October, corporate advertisers have fled in response to the billionaire laying off thousands of employees and rushing a paid verification feature that resulted in scammers impersonating companies on Twitter.
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