Twitter, one of the most popular social media platforms in the world, announced its results for the second quarter of 2022 today. If the results make the company happy at some points, it makes the authorities think, especially in economic terms. Investigating the cause of the situation, the company responsibly turned to the name that everyone guessed.
While the Twitter economy declines, the number of users on the platform increases
According to the figures announced by Twitter, the company experienced some economic decline compared to the same period last year. The platform’s revenues fell from $1.20 billion last year to $1.18 billion this year. Although the decline is not a big loss for the company, Twitter thinks that there should be a big increase when it comes to increased interaction.