Elon Musk today stated that Twitter is experiencing a sharp drop in revenue, due to a number of advertisers stopping advertising on the platform due to pressure from activists.
However, Elon Musk did not say what he meant or who the "activists" were.
Elon Musk took over the Twitter service recently, and since then the social media service has been in the spotlight.
A number of changes seemed to be unpopular with users, and Twitter employees were also terminated.
Currently, advertising revenue for Twitter accounts for around 90% of their revenue.
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BUSINESS & MONEY