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News@lemmy.world · 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

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Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

MicroWave@lemmy.world to

News@lemmy.world · 1 year ago

3

Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt'

Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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Samantha E Xavia@lemmy.world
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1 year ago
Glad it’s sinking, most likely will be removing my whole account from the platform very soon and gonna be so glad to do so
- rehabdoll@lemmy.world
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  1 year ago
  Not trying to sound judgemental, but what has kept you on up till now?

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