Twitter said it plans to at least double its annual revenue to over $7.5 billion, from $3.7 billion last year, and reach 315 million daily users by the end of 2023. That’s an ambitious goal for Twitter, whose growth rate has ranged from 25% in 2018 to 7% last year, after the pandemic squeezed its ad sales business. Twitter’s stock price has recently surged to all-time highs, surpassing its...
Twitter Aims to Double Revenue by 2023
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Genesis Creditors Hammer Out Key Restructuring Agreement

Genesis’ creditors, including Gemini, have reached a key agreement with the bankrupt crypto lender and its parent company, Digital Currency Group, for the restructuring of Genesis’ lending unit, according to a person briefed on the deal. Creditor groups that are owed a total of more than $2 billion have for months been negotiating an agreement among themselves and also with Genesis...
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