MoneyWise Magazine reports that millennials have turned a deaf ear to Twitter.
Says Moneywise: Since Twitter was founded in 2006, other social media platforms like Snapchat and Instagram have been dipping into its user base.
Twitter put itself up for sale in 2016 — but prospective buyers declined to make a deal, likely due to slow sales growth and a decline in users.
Plus, the platform has been getting a lot of backlash for ongoing issues of abuse and harassment among users. At this point, it’s not outrageous to think Twitter could go the way of Friendster or Vine someday soon.
The brand is famous for banning former President Donald Trump and, more recently, former New York Times journalist and author Alex Berenson over his coronavirus tweets.
While Berenson, 48, made national headlines last year for his criticism of coronavirus lockdowns and mandates, drawing the ire of Big Tech, the mainstream media and others who sought to bury his writing, Twitter has witnessed a continuing decline in consumer use.