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Technology Stocks : Twitter, Inc.
TWTR 53.700.0%Oct 28 5:00 PM EST
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From: kidl8/11/2024 2:22:54 PM
   of 3407
 
Elon Musk's Battle With Mark Zuckerberg Is Looking Like a Lost Cause - Business Insider (archive.ph)

Snip:
According to a report from The New York Times this week that cited internal documents, X revenue dropped 25% from the first quarter of the year to $114 million, and was 53% lower the same period last year.
Meta, meanwhile, has seen a huge surge in advertising revenue since then, allowing it to keep investing in hot new areas like artificial intelligence. In its second quarter this year, revenue (largely driven by ads) jumped 22% year-on-year to $39 billion.
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