Meta Published The Report of First Quarter 2022
The year 2022 has not started well for Meta; both Apple's ATT update and Ukraine War caused a decrease in Meta's revenue. On the other hand, the number of DAU and MAU is increasing day by day.
The largest increase in the number of daily active users occurred in the Asia-Pacific region. First off, on daily actives – Facebook DAUs came in at 1.96 billion on average for March 2022, an increase of 4% year-over-year
In terms of monthly actives, Facebook rose to 2.94 billion, an increase of 3% year-over-year.
You can reach the full version of the report from the link.
Elon Musk Wants to Remove Twitter's Paid Ads
Musk had bought Twitter last week for $44 billion. Musk, who has made many statements about Twitter before, shared very important information that he wants to change Twitter's revenue model.
According to Musk's statement, the removal of paid ads on Twitter is being considered. But advertising revenues are of great importance to Twitter. In Q4’2021, advertising revenues accounted for about 90% of Twitter's revenues. On the other hand, Musk plans to launch a subscription system as a new revenue model. It is expected to be around $ 3 for the US, even though it is not yet known how much the subscription to Twitter will be.