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KensandRssBot@lemmy.kensand.netB to News@lemmy.kensand.net · 2 years ago

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

www.cnn.com

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

www.cnn.com

KensandRssBot@lemmy.kensand.netB to News@lemmy.kensand.net · 2 years ago
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Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business
www.cnn.com
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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.

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

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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