• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Elon Musk Reclaims Title As World's Richest Person

Musk’s ‘Uncertainty’ Hurting Revenue, Twitter Says

3 years ago
Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

31 minutes ago
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

2 hours ago
‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

3 hours ago
MWC Kigali
Nigeria: President Tinubu Signs Tax Reform Bill Into Law

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

3 hours ago
Ghana: President Mahama Pardons 998 Prison Inmates

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

4 hours ago
Wednesday, September 17, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

    Ghana: President Mahama Pardons 998 Prison Inmates

    Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

    Malawi: Vote Counting Commences After Presidential Election

    Malawi: Vote Counting Commences After Presidential Election

    Chad: New Constitution Allows President To Contest Unlimited Times

    Chad: New Constitution Allows President To Contest Unlimited Times

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

    Ghana: President Mahama Pardons 998 Prison Inmates

    Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

    Malawi: Vote Counting Commences After Presidential Election

    Malawi: Vote Counting Commences After Presidential Election

    Chad: New Constitution Allows President To Contest Unlimited Times

    Chad: New Constitution Allows President To Contest Unlimited Times

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Musk’s ‘Uncertainty’ Hurting Revenue, Twitter Says

July 23, 2022
in Top Stories, World
0
Elon Musk Reclaims Title As World's Richest Person

Elon Musk

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

Twitter blamed disappointing results that trickled in on Friday on “headwinds,” including the uncertainty imposed on the company by Elon Musk’s chaotic buyout bid.

Relatedreading

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

The microblogging firm is locked in a legal battle with the Tesla CEO over his effort to walk away from a $44 billion deal to purchase the platform, leaving the company in limbo.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

Twitter missed expectations with revenue of $1.18 billion, due to “advertising industry headwinds… as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk,” the company reported.

With the current context of tightening credit conditions and economic turbulence, many companies like Twitter that rely heavily on ads are suffering from a decrease in advertisers’ budgets.

“Twitter is on a rowboat in the middle of a storm,” said analyst Jasmine Enberg. “The Musk saga rocked the boat even harder.”

“Twitter is now in the unenviable position of convincing advertisers that its ad business is solid,” she added.

Twitter also reported that the number of “monetizable” daily active users — those who can be shown advertising — increased by 8.8 million, less than expected by analysts, to 237.8 million.

“Overall we would characterize the daily active user metrics as better than feared and holding up relatively firm in this environment,” said analyst Dan Ives.

Despite the less than stellar results, Twitter’s stock closed up nearly one percent at $39.84, as investors seemed relieved the news wasn’t worse.

By comparison, Snap’s stock finised down 39 percent a day after the parent company of messaging app Snapchat reported disappointing earnings.

Twitter’s results cover the period ending in June so don’t include Musk’s move in July to try to “terminate” the deal on the argument that the platform was not forthcoming about its tally of fake accounts.

The social media network, which is a key exchange of ideas, news and entertainment, has countered by saying the Tesla chief already agreed to the deal and can’t back out now.

“Twitter believes that Mr. Musk’s purported termination is invalid and wrongful, and the merger agreement remains in effect,” it said in the earnings report.

 

Tags: breakingElon MuskHeritageheritage timesheritagetimesmedialatestnewsthe heritage timesthtthtafricatop storiesTwitter
ShareTweetSend
Previous Post

Nigeria Set To Increase Gas Export To Europe As EU Prepares For Russia’s Supply Cut

Next Post

World Health Organization Declares Monkeypox A Global Emergency

Related Posts

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

How 50 Sudanese Migrants Burned To Death In Libya Boat Fire – IOM

Next Post
mpox

World Health Organization Declares Monkeypox A Global Emergency

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025
‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

September 17, 2025
Nigeria: President Tinubu Signs Tax Reform Bill Into Law

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

September 17, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

September 17, 2025

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

September 17, 2025

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

September 17, 2025

How 50 Sudanese Migrants Burned To Death In Libya Boat Fire – IOM

September 17, 2025

Royal Pomp As Trump Arrives UK In Second Visit

September 17, 2025

Global Warming: Human Activities Responsible For Two-Thirds Heat-Related Deaths In Europe

September 17, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In