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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.
Twitter raises money, gets celebrity endorsements and publicity, and continues to grow rapidly. The first tweet from space occurs during this period. Twitter also announces that it will start allowing for advertising in the form of promoted tweets – "ordinary tweets that businesses and individuals want to highlight to a wider group of users."
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.
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 ...
When Twitter banned Trump from the platform in January 2021 during the final days of his term, [4] his handle @realDonaldTrump had over 88.9 million followers. [5] On November 19, 2022, Twitter's new owner, Elon Musk , reinstated his account, although Trump had stated he would not use it in favor of his own social media platform, Truth Social ...
Succession aired its season finale last night, and Twitter is losing it—check out the best, funniest, and most insightful tweets. Succession aired its season finale last night, and Twitter is ...
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 ...