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Twitter logs 20% user growth as pandemic posts surge, but shares fall due to revenue forecast

Image by Free-Photos from Pixabay Twitter now has 199 million average monetisable daily active users (mDAU), a 20 percent growth (year-on-year), driven by ongoing product improvements and global conversation around the pandemic. The micro-blogging platform reported $1.04 billion in revenue for the Q1 2021, up 28 per cent (on-year), and a net income of $68 million. The advertising revenue reached $899 million, an increase of 32 percent. People turn to Twitter to see and talk about what s happening, and we are helping them find their interests more quickly while making it easier to follow and participate in conversations, Twitter CEO Jack Dorsey said in a statement late on Thursday.

Twitter shares slump 8pc after Trump account suspension | Money

Monday, 11 Jan 2021 07:30 PM MYT A photo illustration shows the suspended Twitter account of US President Donald Trump on a smartphone and the White House in Washington, US, January 8, 2021. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. JAN 11 Twitter Inc lost nearly US$5 billion in market value today after its move to permanently suspend US President Donald Trump’s widely-followed account spurred concern among investors over the future regulation of social networks. Twitter said on Friday its suspension of Trump’s account, which had 88 million followers, was due to the risk of further violence following the storming of the US Capitol last week.

Клинтон потроллила Трампа после блокировки его аккаунта в Twitter

Клинтон потроллила Трампа после блокировки его аккаунта в Twitter
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