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Twitter is losing its tweeters

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Research shows Twitter is struggling to keep their most active users

Social media platform, Twitter is battling to keep their most valuable asset…active users.

According to an internal research document titled ‘Where Did the Tweeters Go?’, so called heavy tweeters have been in “absolute decline” since the start of the pandemic.

In the document, a heavy tweeter is describes as someone who logs into Twitter six or seven days a week, and tweets around three to four times a week.

Heavy tweeters may only account for less than 10 per cent of overall monthly users, but they generate 90 per cent of all tweets, and half of global global revenue.

It raises a question tweeted by Elon Musk five days before announcing his offer to buy the company where he asked “is Twitter dying?”

It comes as Elon Musk approaches his deadline to complete his $44 billion deal to takeover the company.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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