Twitter's U.S. Ad Sales Plunge 59% as Woes Continue

[xabriel]

Source: New York Times

Elon Musk recently said Twitter’s advertising business was on the upswing. “Almost all advertisers have come back,” he asserted, adding that the social media company could soon become profitable.

But Twitter’s U.S. advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier, according to an internal presentation obtained by The New York Times. The company has regularly fallen short of its U.S. weekly sales projections, sometimes by as much as 30 percent, the document said.

That performance is unlikely to improve anytime soon, according to the documents and seven current and former Twitter employees.

Read more: https://www.nytimes.com/2023/06/05/technology/twitter-ad-sales-musk.html

[Initech]

1. Hanging out with Nazis is bad. Don't hang out with Nazis.

[Evolve Dammit]

2. exactly. Musk has shown us who he is. Believe him.

[Yavin4]

6. I got into an argument on Twitter about Germany's de-Nazification program

I said that unlike the American South, Germany underwent a thorough de-Nazification program which enabled them to go from a nation on the brink of mass starvation after WWII to becoming a global super power today. Meanwhile, the South's continued idolization of the Confederacy has held them back.

The person said that Germany would have become a world power again no matter what, and I said, no one would ever buy a car from a nation that had a Hitler Boulevard or Goebbels statues in front of city halls.

[alwaysinasnit]

3. Welcome to DU!

[CaptainTruth]

4. Too bad, so sad.

[PortTack]

5. Best news of the day!

[womanofthehills]

9. Today on Spaces - Elon said he is finally breaking even

[Bengus81]

12. And Trump still claims he's a billionaire.......

But...if I'd BLOWN the ridiculous kind of cash Eloon paid for Twitter I'd claim I was breaking even too.

[Skittles]

7. it has become a fucking joke

it cannot be viewed with any credibility

[SouthernDem4ever]

8. When you have just a few nazi's running the company

you don't need as many sales.

[Angleae]

10. Let's see if if I give a ****? (NSFW)

[Bengus81]

11. Awwww shucks Eloon. Seeing how wads of CASH are all that matter to you....

This must make you really angry. Guess many don't agree with your "honk if you love sedition" web site.