twitter takeover

Twitter’s Advertisement Revenue to Reportedly See 28 Percent Drop in 2023

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Twitter‘s income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform struggles under the ownership of Elon Musk. Analysts at Insider Intelligence said they were slashing an earlier worldwide revenue estimate of $4.74 billion (roughly Rs. 38,900 crore) by more than a third to $2.98 billion … Read more

Former Twitter CEO Parag Agrawal, Others to Sue Twitter Over Legal Bills

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Three top Twitter executives who were sacked by Elon Musk last year when he took over the social media company filed suit on Monday, seeking to be reimbursed for costs of litigation, investigations and congressional inquiries related to their former jobs. Ex-CEO Parag Agrawal, along with the company’s former chief legal and financial officers, claim … Read more