Elon Musk’s takeover of Twitter might help advertisement income for YouTube, Snap, Facebook parent Meta and TikTok, experts from a few Wall Street firms said according to CNBC.
Twitter, which reported it acknowledged Musk’s offer on Monday, has depended on ads revenue, which represented $1.41 billion, the largest part of its income, in the latest quarter. Musk could take the organization two different ways that may possibly push advertisers’ dollars away.
In any case, Twitter will reportedly be hard-pressed to create more ad inventory or charge more for ads.
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