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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50% (www.reuters.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%::Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.

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[-] Captain_Patchy@lemmy.world 20 points 1 year ago

The courts had BETTER fucking decide that he is personally liable to pay off the promises he made to the employees he forced or conned out.

this post was submitted on 16 Jul 2023

235 points (93.4% liked)

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