Photo: ThoughtCo
Twitter Cites Elon Musk As Cause For Financial Losses
Twitter revealed dismal earnings on July 22, which the social network ascribed to "headwinds" such as uncertainty surrounding Elon Musk's acquisition attempt. Twitter's revenue of $1.18 billion fell short of forecasts, owing to "advertising industry headwinds... as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk," Twitter said. According to analysts, Twitter's user base in US is unlikely to… read-more
Tags: Twitter, Elon Musk, financial loss, USA, Social Media
Courtesy: NDTV
Photo: Business Standard
Cyclone Yaas Caused Loss Of Rs 610 Crore: Odisha Government
Odisha has suffered an estimated loss of Rs 610 crore due to the recent natural catastrophe, Cyclone Yaas. The state government has pegged the amount after a review meeting and it stated that the loss of Rs 520 crore was to the public sector while the private sector suffered damages worth Rs 90 crore. Notably, about 60 lakh people in 11,000 villages in the state were affected by the cyclone.
Tags: Cyclone Yaas, Odisha, naveen patnaik, financial loss
Courtesy: Times Now
