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2022.07.22 20:55 GMT+8

Twitter reports earnings miss, cites Musk buyout uncertainty

Updated 2022.07.22 20:55 GMT+8
CGTN

Twitter reported disappointing results on Friday, a miss that the social network attributed to "headwinds" including the uncertainty related to Elon Musk's buyout bid. 

Twitter missed expectations with revenue of $1.18 billion, due to "advertising industry headwinds... as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk," the firm reported.

Source(s): AFP
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