6
Elon Musk says Twitter has 'negative cash flow' and 'heavy debt' (abcnews.go.com)
submitted 1 year ago by admin@exploding-heads.com to c/digitslfreedom@exploding-heads.com
1 comments fedilink hide all child comments

“We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else,”

you are viewing a single comment's thread
view the rest of the comments
[-] masterofballs@exploding-heads.com 3 points 1 year ago

I hate it. He really has allowed a influx of diverse opinions. Between the overall drop in world wide advertising and Globohomos swarming him it's gotten beat up. Plus twitter is the most replaceable social media. grandmas never used it, you can't use it to connect to old acquaintances.

this post was submitted on 17 Jul 2023
6 points (100.0% liked)

Digital Freedom

4 readers
1 users here now

Governments, Big Business, & Tyrants are using technology to control and censor you. Here we discuss how to break free.

founded 2 years ago
MODERATORS
admin@exploding-heads.com