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Twitter Avoids Revenue Hit From Apple Privacy Changes on Advertising

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3 years ago

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Twitter Avoids Revenue Hit From Apple Privacy Changes on Advertising

Twitter announced on Tuesday that its quarterly revenue increased by 37%, and avoided the impact of Apple’s privacy changes in advertising that hindered its competitors, resulting in a 3% increase in its stock price.

The social networking site has been working hard to add new features, such as audio chat rooms to attract users, and improve its advertising features to achieve the goal of doubling annual revenue by 2023. For the quarter ended September 30, advertising revenue was US$1.14 billion (approximately Rs 85.5 billion), in line with market consensus.

The company said that due to the privacy changes introduced by Apple, it had a “modest” impact on advertising revenue, which would prevent advertisers from tracking users on their devices without their consent. Investors had expected Twitter to be relatively immune to these changes, because most of its advertisers did not rely on highly targeted advertising.

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As the San Francisco-based company strives to expand its targeted advertising business, it is introducing more features, such as topics that users can follow on Twitter. Twitter’s chief financial officer, Ned Segal, said in a conference call with analysts that these features provide data about people’s interests, which can ultimately be used to help provide relevant advertising.

News Source : Gadgets 360

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

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2 months ago

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November 6, 2024

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.

SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.

In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.

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Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.

“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.

“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.

SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.

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On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.

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