Banks financing Musk's Twitter deal face hefty losses By Reuters


© Reuters. FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid

(Reuters) – Amazon.com Inc (NASDAQ:) is planning to restart advertising on Twitter at about $100 million per year, pending some security tweaks to the social media company’s ads platform, according to a Platformer reporter tweet on Saturday.

Twitter CEO Elon Musk also said Apple Inc (NASDAQ:) has resumed advertising on the platform, according to a Bloomberg report, citing comments made during a Twitter Spaces conversation on Saturday.

Amazon, Apple and Twitter did not immediately respond to Reuters request for comment on the matter.



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By Reuters