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Topic: Revenue

Twitter announces revenue sharing program for select content creators, allowing them to earn from ads displayed in their replies News 

Twitter to Provide Ad Revenue to Selected Content Creators, Details Inside

Jim Hendler, ,

On Thursday, Twitter announced that certain content creators on its platform will have the opportunity to receive a portion of the advertising revenue generated by the company. Contributors receive a portion of their revenue from ads that appear in their replies, Twitter said, adding that to be eligible, creators must be verified users with at least 5 million views on their posts in each of the past three months and must have Stripe. payment account. Twitter is trying to attract more content producers to the platform. Earlier this year, the…

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Blue subscribers will need a significant following to get a cut. News 

Twitter Starts to Compensate Content Creators

Jim Hendler, ,

Twitter has officially launched its ad-revenue sharing program for creators, and it has already started paying eligible Blue subscribers. The initiative was announced by Elon Musk in February, but there were limited details on how it would operate, leaving everyone uncertain. However, today, some prominent users have received notifications about incoming deposits, with one user stating they are expected to receive more than $24,000. The rewards are determined by ads in responses to eligible users’ content. The program incentivizes content creators who contribute popular content that drives ads — rewarding…

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Tim Cook, CEO of Apple, has expressed his enthusiasm for the Indian market, calling it an "incredibly exciting market.” He further emphasized that India is now a "major focus” for the company. News 

Tim Cook says India is Apple’s “main focus” with record revenues and strong growth

Adriana Marais, ,

Tim Cook, CEO of Apple, has expressed his enthusiasm for the Indian market, calling it an “incredibly exciting market”. He further emphasized that India is now the company’s “main focus”. The Cupertino-based technology giant announced that it achieved a record $94.8 billion in revenue and $24 billion in profit in the March quarter. Tim Cook highlighted the impressive performance, saying Apple had set an all-time record for services and a record March quarter for iPhone. This milestone comes after Apple has continued to invest and expand into India, which has…

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The Silicon Valley titan reported profit of $24 billion on revenue of $94.8 billion in the first three months of this year News 

Apple’s result exceeded the forecast thanks to iPhone sales and service revenue

Adriana Marais, , , ,

Apple said Thursday that iPhone sales and revenue from services contributed to quarterly earnings that beat forecasts despite inflationary pressures and a slowing global economy. The Silicon Valley titan reported a profit of $24 billion on revenue of $94.8 billion in the first three months of this year. “We are pleased to report an all-time service record and a record March quarter for iPhone despite a challenging macroeconomic environment,” Apple CEO Tim Cook said in the earnings release. iPhone sales totaled $51.3 billion in the quarter, surpassing the same period…

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The company reported revenue of $242.9 million in the quarter ended March 31, compared with analysts’ estimates of $241.0 million, according to Refinitiv data News 

Bumble Beats Q1 revenue estimates despite recession fears

Nitin Misra, , ,

Bumble Inc beat first-quarter revenue estimates on Thursday as user spending on its dating app has remained strong despite a looming recession, sending its shares up 4.6% in aftermarket trading. According to Refinitiv’s data, the company’s revenue was $242.9 million in the quarter ended March 31, compared to analysts’ estimates of $241.0 million. New features like “Compliments,” which allow users to engage by sending a message before deciding to connect, have helped the company weather high inflation and rising interest rates. Total paying users grew to 3.5 million in the…

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Amazon reported a profit of $3.2 billion on sales that climbed 9 percent to $127.4 billion in the quarter News 

Amazon’s Q1 earnings report beats expectations, shares jump more than 7 percent

Adriana Marais, ,

Amazon shares jumped on Thursday after the e-commerce colossus said it will make much more money than expected in the first quarter of 2023. Amazon reported a profit of $3.2 billion on sales that rose 9 percent to $127.4 billion in the quarter. Net income was about $1 billion more than analysts had predicted, and Amazon shares rose more than 7 percent to $117.87 in after-market trading after the results were released. “Our teams are doing a lot to serve customers, especially in an uncertain economy,” said Amazon CEO Andy…

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