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Per a regulatory filing, Twitter expects annual revenue to grow more than twofold, from $3.7 billion in 2020 to $7.5 billion or more in 2023. ... the social network said it is projecting at least ...
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]
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]
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Much has been speculated about Elon Musk's potential plans for Twitter. Following his $44 billion bid for the social media platform, after securing more than $7 billion in equity from some of his...
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.
Twitter Inc forecast that revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 10 percent in midday trading on Thursday.
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