Tech News

‘Twitter Has Had A Massive Drop In Revenue’ – Elon Musk Sadly Reveals

The owner and CEO of Twitter, Elon Musk, has announced dropped in revenue.

In a tweet seen by Newshuntermag.com, the business magnate sadly revealed that Twitter has had a massive drop in revenue.

He stated that this is due to the pressure put on advertisers by activist groups.

Mr Musk indicated that there have not been any changes done to content moderation.

He bemoaned that these activists are trying to destroy free speech in America.

Elon Musk wrote: “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists.

“Extremely messed up! They’re trying to destroy free speech in America.”

The renowned businessman completed the $44 billion deal to own Twitter on October 27, 2022.

In a related development, former employers of Twitter are suing the company over mass layoffs after Elon took over.

Elon Musk
Source
Newshuntermag.com

Kofi Oppong Kyekyeku

I am a Ghanaian Broadcast Journalist/Writer who has an interest in General News, Sports, Entertainment, Health, Lifestyle and many more.

Related Articles

Leave a Reply

Back to top button
Close
Close