Tag: Marketing

Although Pinterest exceeded revenue and earnings expectations during the first quarter, the threat of TikTok’s success could spell trouble for the platform’s future.

Twitter’s revenue clocked in at $1.2 billion compared to the expected $1.23 billion based on a survey of analysts at Refinitiv.

Instagram users will see a “Pin to your profile” option, offering them a chance to showcase their favorite posts that would normally get lost on their profile. 

The dip in revenue is likely being caused by companies decreasing their ad spending due to growing inflation and Russia’s invasion of Ukraine.

Perhaps as soon as today, Twitter may announce that it has agreed to sell the company to the billionaire for around $43 billion, or $54.20 per share.

On Sunday, the billionaire provided financial details into his $43 billion offer to purchase the company, which appeared attractive to the company’s board.

While the richest person in the world seeking debt financing may seem paradoxical, much of his $261 billion fortune appears to be wrapped in Tesla’s stock.

According to Meta, over $150 million has been donated towards climate change and other environmental causes through Facebook and Instagram’s fundraising feature.

“Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there,” Musk tweeted.

Now, shareholders will be able to buy discounted shares if any person or group seeks to acquire at least 15% of Twitter’s common stock without the board’s approval.