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Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
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Elon Musk's X Could Lose Nearly $75 Million in Ad Revenue by Year-End: Report
Elon Musk-owned social media company X could lose as much as $75 million (nearly Rs. 625 crore) in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. Musk backing an antisemitic post on the platform last week has led several companies including Walt Disney and...
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Twitter.com Starts Switching Over to X.com; iOS Users Reportedly See Changed URLs
Elon Musk's X might have started to shift towards X.com. As per a new report, URLs generated from the share sheet of the X app on iOS are now showing X.com instead of the old twitter.com. However, the Web link and Android app are currently redirecting users to the old domain. The company could change this in the coming days.
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TikTok Announces Text-Only Posts to Rival Twitter After Elon Musk Rebrands Platform to X
TikTok announced Monday that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter. The text posts on TikTok will most closely resemble similar offerings on Instagram, which earlier this month also launched a challenge to Twitter called Threads.
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Threads Could Lure Advertisers From Elon Musk’s Twitter but It’s Early Days, Analysts Say
Threads could generate $8 billion in annual revenue by 2025
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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
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After Elon Musk's Dig, Mark Zuckerberg Posts On Threads After 7 Days
Elon Musk shared with users that Twitter has lost roughly half of its advertising revenue since he bought the social media platform for $44 billion last October.
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Twitter Announces Plan to Share Advertising Revenue With Verified Content Creators
Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns. The content creators will get a share of revenue from ads displayed in their replies, Twitter said, adding that to be eligible the creators should be verified users with at least 5 million i...
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Twitter To Offer Ad Revenue Share To Select Content Creators
Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns.
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Elon Musk’s Twitter Read Limits Could Undermine New CEO’s Efforts to Attract Advertisers, Experts Say
Elon Musk's move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company's new Chief Executive Linda Yaccarino to attract advertisers, marketing industry professionals said.
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Twitter Employees Sue Social Media Company, Claiming It Refuses to Pay 2022 Bonuses Despite Promises
Twitter employees sued the Elon Musk-led company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50 percent of their target amounts. As per the lawsuit filed in San Francisco federal court, Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acqui...
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New Twitter CEO Linda Yaccarino ‘Inspired’ by Elon Musk’s Vision, Says Will Work to Transform App
Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.
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Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
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Elon Musk's X Could Lose Nearly $75 Million in Ad Revenue by Year-End: Report
Elon Musk-owned social media company X could lose as much as $75 million (nearly Rs. 625 crore) in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. Musk backing an antisemitic post on the platform last week has led several companies including Walt Disney and...
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Twitter.com Starts Switching Over to X.com; iOS Users Reportedly See Changed URLs
Elon Musk's X might have started to shift towards X.com. As per a new report, URLs generated from the share sheet of the X app on iOS are now showing X.com instead of the old twitter.com. However, the Web link and Android app are currently redirecting users to the old domain. The company could change this in the coming days.
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TikTok Announces Text-Only Posts to Rival Twitter After Elon Musk Rebrands Platform to X
TikTok announced Monday that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter. The text posts on TikTok will most closely resemble similar offerings on Instagram, which earlier this month also launched a challenge to Twitter called Threads.
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Threads Could Lure Advertisers From Elon Musk’s Twitter but It’s Early Days, Analysts Say
Threads could generate $8 billion in annual revenue by 2025
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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
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After Elon Musk's Dig, Mark Zuckerberg Posts On Threads After 7 Days
Elon Musk shared with users that Twitter has lost roughly half of its advertising revenue since he bought the social media platform for $44 billion last October.
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Twitter Announces Plan to Share Advertising Revenue With Verified Content Creators
Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns. The content creators will get a share of revenue from ads displayed in their replies, Twitter said, adding that to be eligible the creators should be verified users with at least 5 million i...
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Twitter To Offer Ad Revenue Share To Select Content Creators
Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns.
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Elon Musk’s Twitter Read Limits Could Undermine New CEO’s Efforts to Attract Advertisers, Experts Say
Elon Musk's move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company's new Chief Executive Linda Yaccarino to attract advertisers, marketing industry professionals said.
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Twitter Employees Sue Social Media Company, Claiming It Refuses to Pay 2022 Bonuses Despite Promises
Twitter employees sued the Elon Musk-led company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50 percent of their target amounts. As per the lawsuit filed in San Francisco federal court, Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acqui...
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New Twitter CEO Linda Yaccarino ‘Inspired’ by Elon Musk’s Vision, Says Will Work to Transform App
Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.
