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Challenges Continue at Twitter, with Revenue Down 40% Year-Over-Year

January 18, 2023

Imagine the chaos if we lost both TikTok AND Twitter within the next six months.

That seems pretty crazy – and maybe it is. But with TikTok facing a potential ban in the US, due to lingering concerns about its potential connection to the Chinese government, and Twitter still losing money, it could well be that both end up disappearing, taking all of your Likes, followers and social clout with them.

The latest on Twitter, according to various reports, is that its revenue is down 40% year-over-year, in part due to the broader downturn in digital advertising, and in part due to ongoing concerns about new Twitter chief Elon Musk’s updates at the app.

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