Saturday, June 21, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Twitter CEO Musk says user signups at all-time high, touts features of “everything app” By Reuters

by Reuters
November 27, 2022
in Finance
Reading Time: 2 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: An image of Elon Musk is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration//File Photo

(Reuters) – Twitter Inc (NYSE:) Chief Executive Elon Musk has said that new user signups to the social media platform are at an “all-time high”, as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and

hate speech.

Signups were averaging over two million per day in the last seven days as of Nov. 16, up 66% compared to the same week in 2021, Musk said in a tweet late on Saturday.

He also said that user active minutes were at a record high, averaging nearly 8 billion active minutes per day in the last seven days as of Nov. 15, an increase of 30% in comparison to the same week last year.

Hate speech impersonations decreased as of Nov. 13 compared to October of last year.

Reported impersonations on the platform spiked earlier this month, before and in wake of the Twitter Blue launch, according to Musk.

Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, has said that buying Twitter would speed up his ambition to create an “everything app” called X.

Musk’s “Twitter 2.0 The Everything App” will have features like encrypted direct messages (DMs), longform tweets and payments, according to the tweet.

Advertisers on Twitter, including big companies such as General Motors (NYSE:), Mondelez (NASDAQ:) International, Volkswagen AG (OTC:), have paused advertising on the platform, as they grapple with the new boss.

Musk has said that Twitter was experiencing a “massive drop in revenue” from the advertiser retreat, blaming a coalition of civil rights groups that has been pressing the platform’s top advertisers to take action if he did not protect content moderation.

Activists are urging Twitter’s advertisers to issue statements about pulling their ads off the social media platform after Musk lifted the ban on tweets by former U.S. president Donald Trump.

Hundreds of Twitter employees are believed to have quit the beleaguered company, following an ultimatum by Musk that staffers sign up for “long hours at high intensity,” or leave.

The company earlier in November laid off half its workforce, with teams responsible for communications, content curation, human rights and machine learning ethics being gutted, as well as some product and engineering teams.



Source link

Tags: AlltimeappCEOFeaturesHighMuskReuterssignupstoutsTwitterUser
Previous Post

Rent Crisis! 41% in the U.S. Couldn’t Pay Rent November (Bank MBS Holdings Collapse With Fed Tightening) – Investment Watch

Next Post

NextEra Energy: A Very Pricey Dividend Growth Stock (NYSE:NEE)

Related Posts

Safety Shot expects to finalize Yerbae Brands acquisition next week

Safety Shot expects to finalize Yerbae Brands acquisition next week

by TipRanks
June 21, 2025
0

Security Shot (SHOT) offered an replace on the anticipated timing for the closing of its beforehand introduced acquisition of Yerbae...

DWP news: July 2025 payment dates for Universal Credit, state pension and PIP

DWP news: July 2025 payment dates for Universal Credit, state pension and PIP

by Albert Toth
June 21, 2025
0

Get the free Morning Headlines e mail for information from our reporters the world overSignal as much as our free...

Coffee Break: Healthcare and the State of Science, Plus Baseball and Abundance

Coffee Break: Healthcare and the State of Science, Plus Baseball and Abundance

by KLG
June 21, 2025
0

Half the First. How Did america Get This Healthcare System?  I distinctly keep in mind the primary time this query...

How Government Helps to Create Congested Traffic

How Government Helps to Create Congested Traffic

by Joshua Mawhorter
June 21, 2025
0

The dreaded query that each self-identified libertarian has to face is the notorious, “With out the federal government, who would...

Cotton Falls Lower on Wednesday

Cotton Falls Lower on Wednesday

by Barchart
June 20, 2025
0

Cotton futures have been down 21 to 88 factors throughout most contracts on Wednesday. Crude oil was up 25 cents...

Why Is Housing So Partisan in the Northeast?

Why Is Housing So Partisan in the Northeast?

by Jason Sorens
June 21, 2025
0

In a current weblog put up, Matt Yglesias chides northeastern Republicans for opposing pro-housing deregulation in state legislatures: Republicans have...

Next Post
NextEra Energy: A Very Pricey Dividend Growth Stock (NYSE:NEE)

NextEra Energy: A Very Pricey Dividend Growth Stock (NYSE:NEE)

NATO ‘Running Low’ on Weapons for Ukraine, 20 Members ‘Pretty Tapped Out’

NATO ‘Running Low’ on Weapons for Ukraine, 20 Members ‘Pretty Tapped Out’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Aid seekers in Gaza continue to be targeted as Israeli attacks kill 26 | Israel-Palestine conflict News

Aid seekers in Gaza continue to be targeted as Israeli attacks kill 26 | Israel-Palestine conflict News

June 21, 2025
Belarus opposition leader Tikhanovsky freed from jail

Belarus opposition leader Tikhanovsky freed from jail

June 21, 2025
How activist Barington can collaborate with Victoria’s Secret to improve value

How activist Barington can collaborate with Victoria’s Secret to improve value

June 21, 2025
Safety Shot expects to finalize Yerbae Brands acquisition next week

Safety Shot expects to finalize Yerbae Brands acquisition next week

June 21, 2025
Bitcoin Net Taker Volume Enters Deep Red On Binance — What’s Next For BTC Price?

Bitcoin Net Taker Volume Enters Deep Red On Binance — What’s Next For BTC Price?

June 21, 2025
DWP news: July 2025 payment dates for Universal Credit, state pension and PIP

DWP news: July 2025 payment dates for Universal Credit, state pension and PIP

June 21, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Aid seekers in Gaza continue to be targeted as Israeli attacks kill 26 | Israel-Palestine conflict News

Belarus opposition leader Tikhanovsky freed from jail

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In