Under Musk's leadership, the bird app has continued to plummet in value--with no end in sight.
AdvertisementFidelity’s assessment, notes that its “unclear how Fidelity arrived at its new, lower valuation or whether it receives any non-public information from the company.”
So that’s...uh, not great. Under Musk’s leadership, Twitter has trotted out more than a few bizarre moneymaking efforts—including an ill-fated bid to make people . Twitter also attempted to cut costs by firing large parts of its workforce, but the platform has suffered other financial slings and arrows—including a major dip in advertising revenue.Musk, himself, seems to be aware that Twitter’s financial situation isn’t great. In late March,
that showed the billionaire thought Twitter was then worth about $20 billion, or less than half of what he initially paid for it.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says(Bloomberg) -- Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its stake in the company. Most Read from BloombergPutin Orders Tighter Defenses After Drone Strikes on MoscowWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesStock Rally Hits a Wall After AI-Driven Euphoria: Markets WrapTaiwan Rushes to Prevent China From Cutting Internet, PhonesNvidia Touches $1 Trillion Mark
Weiterlesen »
Fidelity Values Twitter At Roughly $15 Billion—A Third Of The Sticker Price Paid By MuskTwitter’s valuation is just a fraction of what Elon Musk purchased it for.
Weiterlesen »
Fidelity marks down value of Twitter stake againA Fidelity fund has marked down the value of its stake in Twitter for the third time since Elon Musk's $44 billion takeover of the social media platform in October, a monthly disclosure by the investment firm showed on Sunday.
Weiterlesen »
Musk: Twitter has no 'actual choice' but censorship at governmental requestElon Musk says Twitter has no 'actual choice' when complying with authoritarian government requests to restrict content
Weiterlesen »
PolitiFact - Fact-checking Ron DeSantis' 2024 presidential campaign kickoff on Twitter Spaces with Elon MuskFlorida Gov. Ron DeSantis launched his 2024 presidential campaign with a live discussion on Twitter, promising to fight “woke ideology.” We fact-checked his claims about open borders, classroom lessons, and whether “the whole book ban thing is a hoax.”
Weiterlesen »
Twitter Faces Potential Ban In Europe After Elon Musk’s Company Pulled Back From Disinformation RulesElon Musk’s Twitter platform could potentially be banned in Europe if it doesn’t follow the disinformation rules. The threat comes from France’s Digital Minister Jean-Noël Barrot …
Weiterlesen »