Robert Besser
07 Dec 2022, 21 GMT+10
SEATTLE, Washington: Amazon.com is planning to resume advertising on Twitter, pending some security tweaks to the company's ads platform, purchasing some $100 million worth of advertising per year, as reported by Platformer News.
The move follows an email sent by Twitter to advertising agencies last week, which offered advertisers incentives to increase their spending.
After Elon Musk's takeover prompted companies to pause their advertising, Twitter is aiming to rejuvenate its business.
According to Twitter, the offer is the "biggest advertiser incentive ever."
An email reviewed by Reuters indicated that American advertisers who book $500,000 in incremental spending will qualify to have their spending matched with a "100 percent value add," with a cap of up to $1 million.
Bloomberg reported that in a Twitter Spaces conversation, Musk announced that Apple is the largest advertiser on Twitter and has "fully resumed" advertising.
Since Musk acquired Twitter, many companies, such as General Mills and luxury automaker Audi, paused advertising on Twitter, and in November, Musk said that the company had seen a "massive" drop in revenue.
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationSEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...
DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...
WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...
FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...
TOKYO, Japan: More than half of major Japanese companies are planning to raise wages this year, after Prime Minister Fumio ...
TAIPEI, Taiwan: Highlighting its worst performance in 13 years, Taiwan's trade-dependent economy contracted in the fourth quarter, affected by declining ...
WASHINGTON D.C.: In December 2022, US existing home sales declined to a 12-year low, but lower mortgage rates raised cautious ...
© Provided by Xinhua Inflation is projected to come down significantly this year. Lower energy prices, improvements in global supply ...
Average home prices could fall by up to 10% this year, Lloyds Bank predictsBritish house prices, which have been on ...
ABU DHABI, 28th December 2022 (WAM) - The Arab Monetary Fund (AMF) said that the Arab construction sector has recovered ...
DUBAI, 4th December, 2022 (WAM) -- The 43rd edition of the Big 5, the largest and most influential construction event ...
DUBAI, 29th November, 2022 (WAM) - As Dubai gears up to host the 43rd edition of the Big 5 - ...