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Twitter suffers huge financial losses

2022-07-22T17:24:46.684Z


Washington, SANA- The American Twitter company incurred losses estimated at 270 million dollars, and its revenues decreased by 1


Washington-Sana

The American Twitter company incurred losses estimated at 270 million dollars, and its revenues decreased by 1 percent year on year in the second quarter of this year.

Revenues declined to $1.18 billion, compared to $1.19 billion recorded in the corresponding quarter last year.

And (Forbes Middle East) magazine quoted the first financial data issued by Twitter after billionaire Elon Musk backed down from the $44 billion acquisition of the platform.

Earlier, a US court responded to Twitter's request to try Elon Musk, and approved a 5-day trial, which is scheduled to start its first session next October, with the court considering whether Musk should complete the Twitter purchase deal or not.

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Source: sena

All news articles on 2022-07-22

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