Twitter blames Musk, weak ad market for drop in revenue

By
Follow google news

Ad revenue grew 2 percent.

Twitter blames Musk, weak ad market for drop in revenue
Twitter on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue and a net loss. The results come as Twitter has sued Musk for dropping his offer to buy the company, and is now ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Woolworths lifts the covers on internal AI

Woolworths lifts the covers on internal AI

Queensland TMR senior leaders driving AI

Queensland TMR senior leaders driving AI

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Chemist Warehouse's AI tool for HR becoming a "standard pattern"

Chemist Warehouse's AI tool for HR becoming a "standard pattern"

Log In

  |  Forgot your password?