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Sources: in an update to investors, Twitter reports a 40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the company (Wall Street Journal)

Posted 4 weeks ago by technology_o6swjd

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Wall Street Journal:
Sources: in an update to investors, Twitter reports a 40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the company  —  The company recently made a first interest payment to banks that lent $13 billion to help pay for Elon Musk’s buyout, people familiar with the matter said

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