Big advertisers including Amazon returning to Twitter, says report

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Amazon is readying to resume multimillion dollar advertizing connected Twitter, according to reports.

The determination volition spot Amazon ply astir $100m (£81.3m) per twelvemonth into the platform, present owned by Elon Musk, according to Reuters quality agency, citing a tweet from the tech blog Platformer.

The tweet by a Platformer newsman said the company's instrumentality is pending immoderate "security tweaks" to Twitter's advertizing platform.

According to a Bloomberg report, Twitter's CEO Mr Musk has said Apple Inc has besides resumed its afloat advertising.

Neither Amazon oregon Apple person yet responded to the reports.

Milton Keynes, UK - A ample  Amazon filfilment warehouse adjacent   the M1 Motorway extracurricular  Milton Keynes.

Twitter's advertisement gross had been declining rapidly since Mr Musk's chaotic $44bn (£36bn) takeover of the company, which led to a wide exodus of staff.

Mr Musk laid disconnected fractional of Twitter's 8,000-strong workforce soon aft his takeover, having moved adjacent much rapidly to disregard its apical executives.

Tesla Chief Executive Elon Musk speaks during the live-streamed unveiling of the Tesla Semi electrical  truck, successful  Nevada, U.S. December 1, 2022, successful  this inactive  representation  taken from video. Tesla/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

Image: Elon Musk successful Nevada this week

Apple was Twitter's biggest advertiser successful the archetypal 4th of this twelvemonth - spending $48m (£40m) connected ads connected the societal network, but its spending with the level dwindled.

The world's astir invaluable steadfast spent an estimated $131,600 (£110,000) connected Twitter ads betwixt 10 and 16 November - down from $220,800 (£184,000) betwixt 16 and 22 October, the week earlier Musk closed the Twitter deal, according to advertisement measurement steadfast Pathmatics.

At the aforesaid time, Mr Musk deed retired astatine Apple - claiming it has threatened to artifact his societal web from its app store without explanation.

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The billionaire besides asked successful a bid of tweets whether Apple hated escaped code and if it would spell aft Tesla, his electric-car company.

But the CEO appeared to corroborate himself successful a tweet connected Saturday, the quality that some Apple and Amazon had returned to Twitter advertising.

Last week, Mr Musk admitted his institution had seen a "massive" driblet successful revenue.

Food steadfast General Mills and carmaker Audi of America are among a fig who person stopped oregon paused advertizing connected Twitter since the acquisition.

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