Twitter Revenue Falls 40% As 500 Advertisers Leave, So Elon Musk Goes Content Sponsorship

A senior Twitter manager told employees that the company’s daily revenue on Tuesday was 40% lower than the same day a year ago, highlighting the crisis facing its primary advertisements business. According to a person familiar with the discussion, Siddharth Rao, an engineering manager overseeing the engineers working on Twitter’s ad business, told colleagues in … Continue reading Twitter Revenue Falls 40% As 500 Advertisers Leave, So Elon Musk Goes Content Sponsorship