Technology

70199 readers

3334 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

383

US ad revenue at Musk's X declined each month since takeover -data (www.reuters.com)

submitted 2 years ago by [email protected] to c/[email protected]

40 comments fedilink hide all child comments

US ad revenue at Musk's X declined each month since takeover -data::Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 2 years ago (1 children)

Hasn't ad revenue across the board been falling for years now? Musk didn't help, but wouldn't this trend exist no mater who was in charge?

[–] [email protected] 5 points 2 years ago

Here's twitters ad revenue by quarter from 2013 to 2022Q2

There's a spike in 2021 and then things started to come back to earth, but its an overall upward trend throughout that time.