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Twitter's (TWTR) fourth-quarter 2021 performance is expected to reflect strong ad revenues and initiatives to add monetizing features to boost creator and user engagement.
Twitter reported an average of 229 million daily active users in the quarter, which was about 14 million more than a revised 214.7 million daily users in the previous quarter.
In what could be its last financial reporting as a public company, Twitter released its first quarter earnings on April 28, days after its board agreed to Elon Musk's $44 billion bid. See: Rising ...
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Jack Patrick Dorsey (born November 19, 1976) [3] is an American programmer and businessperson, who is a co-founder and former CEO of Twitter, Inc. from 2015 until 2021, as well as co-founder, principal executive officer and chairman of Block, Inc. (developer of the Square financial services platform).
Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [4] [5] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [6]
Social media giant Twitter on Friday posted higher usage figures, but missed second-quarter earnings and revenue expectations. Twitter reported revenue of $1.18 billion in the second quarter of ...
Twitter announced that it had acquired TellApart, a commerce ads tech firm, with $532 million stock. [146] [147] In June 2016, Twitter [148] acquired an artificial intelligence startup called Magic Pony for $150 million. [149] [150] On January 26, 2021, Twitter acquired Revue, an email newsletter service to compete with platforms like Substack ...