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Briefing

Elon Musk Says Twitter Is Seeing Revenue Drop

By
Becky Peterson
· · Source: The Information

Twitter “has had a massive drop in revenue” due to “activist groups pressuring advertisers,” Elon Musk tweeted Friday, following a week of massive uncertainty around product and content moderation strategy. Some advertising agencies and brands paused new advertising on Twitter, citing this uncertainty and concerns around brand safety, The Information reported this week. Some also noted a lack...

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Mixed hydroxide precipitate, the go-to feedstock for battery nickel sulfate, on a conveyor belt at Indonesia's Harita Group, which pioneered the process. Photo: Dimas Ardian/Bloomberg
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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