Twitter posted another strong quarter of ad revenue growth, a sign that its recent ad turnaround is continuing. “Monetizable” daily active users—those that can see ads—rose by 5 million to 139 million. Twitter said that was the biggest DAU increase for the company since the third quarter of 2017. Twitter stock surged 9%. The results capped a good week for most of its tech peers that all reported...
Twitter Reports More Strong Growth in Ad Revenue
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates

We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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