Twitter Chief Executive Elon Musk has said that new user sign-ups on the social media platform are at an “all-time high,” as he pushes advertisers and users to other platforms due to verification and hate speech concerns. Struggling with side running.
Musk said in a tweet late Saturday that there were an average of more than 2 million daily signups in the past seven days through Nov. 16, up 66 percent from the same week in 2021.
He also said that user active minutes were at a record high, at nearly 8 billion active minutes per day in the past seven days through Nov. 15, up 30 percent from the same week last year.
As of November 13, hate speech imitations have decreased compared to October last year.
According to Musk, impersonations were reported on the platform earlier this month, both before and after the launch of Twitter Blue.
Musk, who also runs rocket company SpaceX, brain chip startup Neuralink and tunneling firm Boring Company, has said buying Twitter will accelerate his desire to build an “everything app” called X.
According to the tweet, Musk’s “Twitter 2.0 The Everything App” will have features like encrypted direct messages (DMs), long-form tweets and payments.
Advertisers on Twitter, including major companies such as General Motors, Mondelez International and Volkswagen AG, have stopped advertising on the platform as they clash with the new boss.
Musk has said Twitter is facing a “massive drop in revenue” from the advertiser pushback, blaming a coalition of civil rights groups for pressuring the platform’s top advertisers if it Take action if content moderation is not protected.
Activists are urging Twitter advertisers to issue statements about removing their ads from the social media platform after Musk unbanned former US President Donald Trump’s tweets.
Hundreds of Twitter employees are believed to have left the troubled company after Musk’s ultimatum that staff sign up for “intensely longer hours” or quit.
The company laid off half of its workforce in early November, including teams responsible for communications, content creation, human rights and machine learning ethics, as well as some product and engineering teams.
