News@lemmy.world · 1 year ago

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

www.cnbc.com

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

www.cnbc.com

MicroWave@lemmy.world to

News@lemmy.world · 1 year ago

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

www.cnbc.com

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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1 year ago
Eh, I’d say earlier than that. Twitter was pretty much trash by 2010 in my book.

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