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coinpedia
2022-07-23 05:11:26

Twitter Suffers $270 Million Loss, Is It Because of Elon Musk?

Twitter Suffers $270 Million Loss, Is It Because of Elon Musk?

The post Twitter Suffers $270 Million Loss, Is It Because of Elon Musk? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideTwitter revealed on Friday that it suffered a $270 million net loss in the second quarter (Q2), partly as a result of uncertainties around Elon Musk’s potential takeover of Twitter, which had a negative impact on its advertising business. According to Twitter’s Q2 earnings report, its Q2 revenue was $1.18 billion, a 1% year-over-year decline. …

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