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For the fiscal year 2021, the last fiscal before Twitter was taken private, the company reported a loss of 221 million, with an annual revenue of $5.1 billion. Since its IPO, Twitter made profit in only two of the eight years.
November 20, 2023 at 2:00 AM Once Elon Musk bought Twitter, the social network he acquired in October 2022 for $44 billion, he rolled out a major reorganization, often relying on executives from ...
Twitter (NYSE: TWTR) appears to be making a slow turnaround this year. It recently reported its quarterly performance that outpaced market expectation Twitter Delivers A Second Consecutive ...
When reports of Twitter's profitability came out, it seemed like a great underdog story. Social media critics have long blasted the microblogging platform for its lack of a revenue model. In ...
A note on the separate status of the Wikimedia Endowment. The Wikimedia Endowment, held from 2016 to 2023 by the Tides Foundation and now a standalone 501(c)(3) nonprofit, is not and has never been included in Wikimedia Foundation assets, even though Wikimedia Foundation fundraising staff solicit donations to the Endowment and the Wikimedia Foundation itself made donations to the Endowment.
Among Obvious Corporation's projects was Twitter, a popular, free social networking and micro-blogging service. Twitter was spun out as a new company in April 2007, with Williams as co-founder, board member, and investor. [17] In October 2008, Williams became CEO of Twitter, succeeding Jack Dorsey, who became chairman of the board. [18]
Whether those deals really make Twitter profitable is open to debate. But even if it were to be in the black this year, do the deals make Twitter worth $1 billion?
The "Trending 140" chart "is an up to the minute ranking of songs shared in the U.S., measured by acceleration over the past hour. This chart can be filtered to present a real-time view of the most shared track in the U.S. over the past 24 hours, with a weekly summary presented as the Billboard Twitter Top Tracks chart on Billboard.com and in print in Billboard". [2]