Ethereum World News
2022-07-22 15:52:34

Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

Summary: Twitter has posted a $270 million quarterly loss in its first earnings report since Elon Musk expressed interest in buying the company. Twitter cites a weak ad market and Elon Musk’s one-eighty-degree turn on the $44 billion acquisition deal as the main reasons for the negative earnings. Social media behemoth Twitter posted a lower-than-expected quarterly earnings report early Friday. Twitter Blames a Weak Ad Market and Uncertain $44 Billion Elon Musk Acquisition Deal. According to Reuters, Twitter lost $270 […]

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