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News@lemmy.world • 2 years ago

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

cross-posted to:
tech@kbin.social

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

@MicroWave@lemmy.world to

News@lemmy.world • 2 years ago

cross-posted to:
tech@kbin.social

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

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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@Vertelleus@sh.itjust.works
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13•2 years ago
I never really used Twitter, but I am enjoying dumpster fire.
Now if the government could only get his Muskiness to pay taxes.

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