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Evening Standard
Evening Standard
Business
Simon Hunt

Elon Musk decries ‘massive drop in revenue’ as advertisers withdraw from Twitter

Elon Musk Twitter Inc.

Elon Musk has warned of a ‘massive drop in revenue’ at Twitter as advertisers cut bank on their spending with the social media giant.

The billionaire tweeted: “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists.

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