Twitter’s revenue fell 40% in December as advertisers left: ReportSUCHI News

Suchi News

Despite Elon Musk’s efforts to monetize Twitter, the micro-blogging platform reported a significant drop of 40 percent in revenue and adjusted earnings for December 2022, the media reported on Saturday.

Many investors “abandoned social media after Elon Musk took over,” the Wall Street Journal reported, citing people familiar with the matter.

In an update to investors, Twitter reported a 40 percent drop (year-over-year) in both revenue and adjusted earnings for December.


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