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World News@lemmy.worldEnglish · 1 year ago

Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative

cross-posted to:
news@lemmy.kensand.net

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Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative

Newstart@lemmy.world to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
news@lemmy.kensand.net

Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business

Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.

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atzanteol@sh.itjust.works
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1 year ago
Time to charge more for blue checks! And restrict people to 5 tweets a day!

… That should work right?
- dustyData@lemmy.world
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  1 year ago
  The move is to charge for tweets by the letter. Newspaper’s classifieds page style, that’s a profitable model, right?
  - Ew0@lemmy.fmhy.ml
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    1 year ago
    deleted by creator
    - peanut_boy@lemmy.world
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      1 year ago
      To start your Tesla you must now tweet the word “start”

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