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World News@lemmy.worldEnglish • 2 years ago

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

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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 • 2 years ago

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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27•2 years 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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  16•2 years 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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    2 years ago
    deleted by creator
    - @peanut_boy@lemmy.world
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      9•2 years ago
      To start your Tesla you must now tweet the word “start”

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