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Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
The Wall Street Journal opined in 2024 that the $13 billion Musk had borrowed to buy Twitter was "the worst merger-finance deal for banks" since the 2007–2008 financial crisis, adding that the "allure" of banking Musk had proved "too attractive to pass up". [392]
Twitter acquired Crashlytics, a crash reporting tool for developers, on January 28, 2013, for over US$100 million, its largest acquisition at the time. [124] Twitter committed to continue supporting and expanding the service. [125] In October 2014, Twitter announced Fabric, a suite of mobile developer tools built around Crashlytics. [126]
Elon Musk, X’s billionaire owner, sees the inevitable. If paying brands stay off the platform, denying what used to be Twitter's lifeblood of ad revenue, X is toast.Musk himself has admitted as ...
The S&P 500 gained 23% in 2024, nearly matching the 24% rally last year. Analysts are expecting the bull run to continue next year, though at a slower pace. Stocks slip but cap off 2024 with a 2nd ...
This page was last edited on 27 December 2024, at 03:10 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Naturally, X (or the social media platform formerly known as Twitter) went wild for the event. Ahead, we tracked the 34 best reactions to the 2024 VMAs. A moment for the red-carpet fashion.