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Twitter Avoids Revenue Hit From Apple Privacy Changes on Advertising

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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.

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.

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News Source : Gadgets 360

Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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