Twitter’s U.S. advertising revenue has plunged dramatically in the wake of Elon Musk’s takeover of the site, according to The New York Times.
. The newspaper reports that an internal Twitter presentation showed that the company’s American ad sales in the five weeks from April 1 into early May stood at $88 million—a whopping 59 percent lower than the same period a year earlier.
Unnamed current and former employees said Twitter’s ad sales staff are worried that advertisers may have throttled their spending out of concern about an increase inand pornography on the platform, along with a surge in advertisements on the site for cannabis products and online gambling.
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Twitter executive responsible for content safety resigns after Elon Musk criticismA top Twitter executive responsible for safety and content moderation has left the company, her departure coming soon after owner Elon Musk publicly complained about the platform’s handling of posts about transgender topics.
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