Bloomberg Technology

Twitter’s Ad Pullback Has Elon Mad

Bloomberg’s Alex Barinka joins Emily Chang to discuss the latest wave of ad pullbacks from major companies and its impact on Twitter’s revenue. Plus, a look at the wave of layoffs at the company. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Emily Chang…

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Bloomberg’s Alex Barinka joins Emily Chang to discuss the latest wave of ad pullbacks from major companies and its impact on Twitter’s revenue. Plus, a look at the wave of layoffs at the company.
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53 Comments

  1. Allan Cameron

    November 5, 2022 at 1:02 pm

    Then i would pause twitter until they return. See how the people whining like that.

    • TheIdealGod

      November 5, 2022 at 2:25 pm

      What happens when they don’t? 44 billion down the drain?

  2. Balkan Mode

    November 5, 2022 at 1:11 pm

    The establishment is trying to prevent “freedom of speech”. I thought Musk was going to lose money by buying Twitter when the news were first announced, and I still do. One individual cannot fight the machine. It’s possible the religion of wokism will pick another tool which will render Twitter irrelevant. We saw what they did to Trump’s Truth Social and other platforms that threatened their control of public discourse and spreading their cancerous ideology referred to as “Diversity, Inclusion, Equity”.

  3. C B

    November 5, 2022 at 1:14 pm

    Elon Musk said his father is “a terrible human being” who has done “almost every evil thing”. Elon is turning into his father.

    • dev stuff

      November 5, 2022 at 4:23 pm

      And what EVIL thing has he done? Do you think before you speak?

  4. Video cruzer

    November 5, 2022 at 1:28 pm

    running companies into the ground for the tax right off is nothing new. The saddest thing i heard the news say about twit is that it is considered High Technology.

  5. kagelynx

    November 5, 2022 at 1:43 pm

    I heard they, them, he, she, zer, el, blip and bloop lost their jobs. What a sad day for “them”.

  6. Mikadocorporatio

    November 5, 2022 at 2:35 pm

    If you let these activites groups run the profits out of your company. A billionaire will buy your company and fire you.

    We’ve seen it with Warner Media and now we are seeing it with Twitter.

  7. HeavenGuy

    November 5, 2022 at 2:37 pm

    She says nothing about activists influencing advertisers.

  8. TimeLord

    November 5, 2022 at 3:21 pm

    There’s a war going on and people are salty about elon buying twiter and axeing people who have never done a hard days work in there’re life try a trade the bitch to me

  9. OverlyCriticalAnime

    November 5, 2022 at 4:00 pm

    Well they have the freedom to do so but we will see if it stays that way.

  10. denisekhl

    November 5, 2022 at 4:30 pm

    Awesome, new emerging marketers can enter now. Twitter doesn’t need to suck up with old advertisers. Plus those old advertisers are Ads Agencies not Brands!!!

  11. Twisted

    November 5, 2022 at 4:46 pm

    Twitter does not make any revenue . . .it does not have and advertisements . . .Twitter is the only tech company that has never had a business model

  12. Atlas

    November 5, 2022 at 5:11 pm

    Here is the truth:
    Elon buys Twitter
    Tolls make bot accounts to spam the n-word
    Twitter blocks the accounts
    Activist groups say there is a rise in hate on Twitter (the hate is only fake bot accounts)
    News media reports what the activists say as fact
    Activist groups take the news reports to the advertisers and tell them “Look there is a rise in hate on twitter you must stop your ads on Twitter”
    Advertisers pull ads from Twitter

    This whole thing is fake. It is being done because Elon said he wants free speech on Twitter. The question is why are the Media, Activists, and Advertisers not telling the truth?

  13. Umut

    November 5, 2022 at 5:23 pm

    I believe social media radical leftist will loose at the end. It’s for sure big companies is supporting not the free speech but censorship.

  14. Vvmopz

    November 5, 2022 at 5:23 pm

    I’m not on elons side with twitter. Dude wants to bring trump back so I hope he either fails or twitter ceases to exist lol

  15. Studies ontrack

    November 5, 2022 at 5:23 pm

  16. Jong Goh

    November 5, 2022 at 6:46 pm

    Corporate advertising sales is about relationships built over the years between Twitter account managers and advertisers. With the rates of him fitting people in the company, of course advertisers are leaving the platform.

  17. Patrica D

    November 5, 2022 at 9:47 pm

    👏👏👏👏👏👏👏👏👏👏👏😂😂😂😂😂😂😂😂😂😂😂😂

  18. over easy

    November 5, 2022 at 9:50 pm

    Twitter was a tool used by the WH to force their fascist mandates. People were fired from the jobs & military. Denied new jobs, travel, classrooms, meetings, and restaurants. All predicated on a bald face lie, that the vax offered immunity. It’s time for Karma payback, fire them all.

  19. mack

    November 5, 2022 at 10:19 pm

    Why would automobile companies enrich their competitor? Companies have the freedom of choice and they rather keep their cash in their pockets or spend it elsewhere.

  20. J Mettler

    November 5, 2022 at 10:46 pm

    I can’t wait to see him lose 44 billion. 🤣

  21. toxqui11

    November 5, 2022 at 11:58 pm

    Elon spends $0 on tesla ads.. now he is complaining??🤣🤣🤣🤣🤣

  22. DJ Smithe

    November 5, 2022 at 11:58 pm

    Advertisers fleeing Twitter shows you how much confidence they have in Elon.
    I thought Elon was the richest man in the world. He had to take out a loan?
    Elon’s wealthy isn’t worth the paper it’s written on. Tesla, the most over priced company the world has ever seen.

  23. Rube Goldburg

    November 6, 2022 at 12:05 am

    BOYCOTT the A$$ HOLE! 👍

  24. coolbuddydude1

    November 6, 2022 at 12:26 am

    More free ads for Tesla lol

  25. John Johnson

    November 6, 2022 at 1:23 am

    Amazing how everyone’s praising mr musk putting us in space again and out of Russians hands. Now all the news is against him. Woke, fake democrats or should I say the CCP. I wonder when civil war begins…

  26. Banele Mdzanga

    November 6, 2022 at 7:46 am

    Audi and GM are Tesla’s competitors ,they obviously don’t like Elon.

  27. Jessica J

    November 6, 2022 at 11:58 am

    Stay mad. Charge what you want

  28. Happyest Moments

    November 6, 2022 at 12:50 pm

    Free speech priced at $8 per month.😁😁😁

  29. pewpewlazers

    November 6, 2022 at 1:14 pm

    Leave it to a narcissist billionaire to destroy the chaotic nature of twitter

  30. pewpewlazers

    November 6, 2022 at 1:19 pm

    So he now owns a car company that has self driving capabilities with no more fatal accidents, a space company that has gotten to mars are started settling a base there saving humanity, and a social media platform that will be the heaven of free speech. He truly is our savior.

  31. Tom

    November 6, 2022 at 1:24 pm

    It’s Obama’s fault.. seriously though, you can buy a company, but you can’t buy customers

  32. Tom

    November 6, 2022 at 1:31 pm

    Those receiving the $44B in this deal could create a fund called “The What Elon Could Have Done With His Money Fund” .. and help finance progressive and humanitarian causes. That would be funny

  33. George Lewis

    November 6, 2022 at 2:37 pm

    Auto companies that can’t compete with Tesla are leaving – good riddance!

  34. Pepe Piedone

    November 6, 2022 at 2:59 pm

    This was a brilliant business decision by the Silicon Valley investors. What do you do if you have invested in company that is not profitable (is losing money) but has a good brand recognition (like the “public square” of the Internet). Well, you enrage somebody with money so they will want to buy your company and then, you can charge them as much as possible based on their rage. In this case you can artificially censor one political party so they become enraged enough and create a thinking movement about justice (in this case freedom of speech). And if the guy with money falls in this thinking movement, they will pay good money for your failing business and do all the dirty work for you.
    I can’t believe that a smart guy like Elon fell into this trap. “Freedom of speech”. Ha, ha, ha. Nobody took your freedom of speech. You can use Facebook to post your tweets as well. No need for Truth Social or Mastodon, when you have Facebook. Or even your own website with RSS feeds.
    To you all the Trump supporters I have a message for you: you are being manipulated to act out of rage., so somebody can make good money out of your rage reaction: like Silicon Valley investors, media websites like Alex Jones’, or even Russia gaining influence over Europe and sending you to the history toilet, step by step.

    • Antidote Bear

      November 6, 2022 at 10:22 pm

      Twitter shareholders did not want to sell it initially and only did so because a law forced them to accept the deal. Get your facts straight, instead of being triggered by free speech.

  35. Julius Sugiharto

    November 6, 2022 at 3:33 pm

    just wondering if twitter sell to facebook.wkwkwkw

  36. Comment Highlighted

    November 6, 2022 at 4:04 pm

    If any can, Elon will.

  37. Danny Santos

    November 6, 2022 at 4:15 pm

    We should boycott the companies that leave Twitter since they’ve made it clear they don’t care about Freedom of Speech.

  38. David A

    November 6, 2022 at 4:51 pm

    Note the car manufacturers leaving. He successfully destroyed a good part of advertisement for his competition. Is Tesla in trouble or is he just becoming more powerful? I imagine he has politics on his mind.

  39. King Carlo Bossio

    November 6, 2022 at 4:56 pm

    It’s simple, people are scared little idiots, period! It’s a hit peice against him and you know what, just like with their mob oil and gas mentality, in the end, they will get crushed! This even though they pay their media’s to say otherwise! Wake up people!!!!

  40. Bryan Chance

    November 6, 2022 at 5:33 pm

    Nothing has changed? Come on Elon, you said it yourself..big changes are coming.

  41. George Feehly

    November 6, 2022 at 6:08 pm

    GM? Heehee.

  42. Whitebelt

    November 6, 2022 at 6:39 pm

    Musk is a genius when it comes to technology but it’s not translating in the social media realm. He’s trying to restore the voice for a small, radical group of society that promotes lies and hate.
    Twitter censorship has never been about being PC. It’s about what’s morally right and wrong.

  43. Isaiah Rodriguez

    November 6, 2022 at 6:53 pm

    Red wave coming- zero shiitss given by Elon, I could be wrong or right, or happy either way.

  44. quest

    November 6, 2022 at 7:35 pm

    Jeff was here

  45. Landen A

    November 6, 2022 at 7:48 pm

    Free speech was overwhelmingly higher in the vote. These companies who support woke agendas are going to lose a lot of money from this 😂

  46. Moken 8

    November 6, 2022 at 8:20 pm

    I hope Mastodon is good

  47. gehasafras

    November 6, 2022 at 9:15 pm

    Musk has kept businesses afloat only by getting billions from the Federal government. He won’t get a dime of help for Twitter. Advertisers, run for your lives before your decades year carefully cultivated brand shows up on Twitter next to Kanye with another antisemitic rant, or a Musk or trump conspiracy theory about space lasers or Chinese ballots….

  48. Anonymous

    November 6, 2022 at 11:28 pm

    The employees got 3 months paid off
    Notice till end January. What they are talking about

  49. Anonymous

    November 6, 2022 at 11:29 pm

    Twitter needs to be cleaned
    Good move by Elon Musk

  50. Arlen Stone

    November 7, 2022 at 1:16 am

    Looks like it’s getting cheaper to run ads on twitter for car sales.

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