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Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative (www.cnn.com)

submitted 1 year ago by Newstart@lemmy.world to c/world@lemmy.world

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[-] itsfreepizza@kbin.social 10 points 1 year ago

Expected from elon

and now probably reddit would probably fall, if i remember , spez was inspired by elon that he wanted to apply it to reddit, i think this is the sign where spez should take note of that red-venue (pun lol)

[-] Polydextrous@lemmy.world 8 points 1 year ago

Lol

[-] solidsnake2085@lemmy.world 8 points 1 year ago

Less money coming in means less chance for it to survive. Hopefully he decides just to shut it down!

[-] pottedmeat7910@lemmy.world 7 points 1 year ago

I doubt it'll ever get shut down... Much better chance of being sold at a steep discount.

Maybe it'll get rolled into Threads when Elmo and his merry band of miscreants are gone and the advertisers return.

[-] kingthrillgore@kbin.social 5 points 1 year ago

I wonder why...

[-] aaron_griffin@lemmy.world 5 points 1 year ago

Good.

[-] chokidar@lemmy.world 4 points 1 year ago

Music to my ears!

[-] Fitik@kbin.social 3 points 1 year ago

I would be more surprised if it wouldn't be in loss

[-] snackwifi@lemmy.world 3 points 1 year ago

Surprised it’s not more

[-] Fhek@lemm.ee 3 points 1 year ago

Excellent.

[-] Bushwhack@lemmy.world 2 points 1 year ago

Circling the drain!

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this post was submitted on 15 Jul 2023

1026 points (96.6% liked)

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