240

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

17 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] darko8472@lemmy.fmhy.ml 1 points 1 year ago

Anyway…

this post was submitted on 16 Jul 2023

240 points (93.5% liked)

Technology

59179 readers

2176 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS