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18th July 2023, 08:13 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,575
| Elon Musk admits he has almost completely broken Twitter Lost half of its advertising revenue and has huge debts Thinking man’s Prosciutto Elon [look at me] Musk has admitted that he has nearly run the social notworking site Twitter into the ground. Under Musk’s inspired leadership Twitter has a “heavy debt load” and lost half of its advertisers who do not want to be associated with a toxic product. Musk said that this has resulted in the app having a “negative cash flow.” “We’re still negative cash flow, due to a 50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else,” Mr. Musk wrote on Twitter over the weekend. https://fudzilla.com/news/57261-elon...broken-twitter |
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