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."
  • Tygr@lemmy.world
    31·
    1 year ago

    You don’t buy a heavily liberal swayed network and flip it heavily conservative. All of your advertisers will have an issue and it takes a long time to bring in new advertisers that like the new direction.

    That’s like buying Truth Social and banning Trump.

    P.S. I can’t stand Twitter. Never liked it, never will.