Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
The value of Twitter is dropping hourly
Ha! That was a lot of money to spend on learning the hard way what freedom really looks like! FREEDOM!
There’s a lot more companies not named. My spouse works for a large, publicly traded insurance company - they suspended all ad spending on Twitter. They are not the type of company to put out a press release about it, but you can bet that so many other companies have quietly curtailed their Ad spend. Especially companies that may be more traditionally seen as “conservative” in their customer base or work force.
Of course, Twitter won’t say who is cutting spending.
The banks that funded this takeover are so f#cked. They should’ve pulled out the financing. Lots of risk to their balance sheet with write downs.