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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.
While co-founders McEachen and Zymnis joined Twitter, co-founder García Martínez joined Twitter rival the Facebook ads division as a product manager. [34] AdGrok closed its service on June 30, 2011. [37] VentureBeat said that AdGrok could help Twitter generate revenue from "promoted and trending tweets". [38] 10 July 5, 2011: BackType: Social ...
This is a list of social platforms with at least 100 million monthly active users. [ a ] The list includes social networks , as well as online forums , photo and video sharing platforms , messaging and VoIP apps.
Twitter's (TWTR) second-quarter 2022 results reflect slow advertising demand due to macroeconomic headwinds and uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk.
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...
X Logo used since 2023 [a] X homepage visited while logged out in January 2025 Formerly Twitter (2006–2023) Type of site Social networking service Available in Multilingual Founded March 21, 2006 ; 18 years ago (2006-03-21), in San Francisco, California, U.S. Headquarters Bastrop, Texas, United States Area served Worldwide, except blocking countries Owner Odeo (March–October 2006) Obvious ...
That’s a 78.7% drop. Buying Twitter was a $46.5 billion deal: $44 billion went to shareholders and about $2.5 billion went to expenses. Musk and his coinvestors put about $33 billion into the ...
This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2024 rankings and other sources. [2] American retail corporation Walmart has been the world's largest company by revenue since 2014. [ 1 ]