Twitter Ad Revenue Plunges 89% Since Musk Takeover as Major Brands Stay Away (Report)

Twitter Ad Revenue Plunges 89% Since Musk Takeover as Major Brands Stay Away (Report)

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Twitter advertising dollars have plunged 89% since billionaire Elon Musk bought the social media platform in October, Bloomberg reported, and as a result, revenue has dropped by half. Twitter has seen a slight uptick in daily users since early 2022, the report said, but advertisers have not…

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