Newstart@lemmy.world to

World News@lemmy.worldEnglish · vor 3 Jahren

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

cross-posted to:
leopardsatemyface@lemmit.online

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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 · vor 3 Jahren

cross-posted to:
leopardsatemyface@lemmit.online

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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assassinatedbyCIA@lemmy.world
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22·
vor 3 Jahren
Why stop there? 70% is just right there for the taking.
- SpicyPeaSoup@kbin.social
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  10·
  vor 3 Jahren
  You guys are thinking too small.
  
  -200% and beyond. Twitter liquidates and Muskyboi needs to pay debts off using his personal wealth.
  - assassinatedbyCIA@lemmy.world
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    7·
    vor 3 Jahren
    This is why I’m not a billionaire. I just don’t have that billionaire mindset.

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