Twitter: Daily Revenue Drops By 40% As Over 500 Advertisers Halt Ads

Over 500 advertisers who previously worked with microblogging platform, Twitter, have halted spending on the platform since Elon Musk took control in October 2022.

A senior Twitter manager, Siddharth Rao, informed employees of the development, adding that the platform’s daily revenue has dropped by 40%, compared to Jan 17, 2022, the Information reports.