Twitter has long been more talk than money ...Middle East

NEW YORK: Billionaire Elon Musk is capturing a social media prize with his deal to buy Twitter, which has become a global stage for companies, activists, celebrities, politicians and more.Despite its reach and impact, the San Francisco-based one-to-many messaging platform has struggled to generate the kind of revenue seen by social media peers such as Facebook and TikTok.Since its founding in March of 2006, Twitter has amassed 217 million daily active users, more than 80 percent of them outside the United States.Twitter did not taste profit until the end of 2017, and the following year was its first to finish financially in the black.Twitter reported a loss of $221 million last year.While of

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Last updated : 26 April 2022 clock 09:16 AM

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Twitter has long been more talk than money ...Middle East

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