Twitter’s revenue drops amid advertisers’ concerns and valuation drop circulets over social media
Twitter is experiencing a significant decline in advertising revenue, with reports indicating a 40% drop since more than 500 clients paused their spending. Advertising is the primary source of income for Twitter, contributing to over 90% of the platform’s revenue, which amounted to $5.1bn in 2021. However, since Elon Musk’s takeover in October, firms such […] More