▲ 472 ▼ Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’ (www.cnbc.com) submitted 3 years ago by MicroWave@lemmy.world to c/news@lemmy.world 74 comments fedilink hide all child comments
▲ 60 ▼ 'Heavy debt': Elon Musk says Twitter cash flow negative after ad revenue declines (www.cnbc.com) submitted 3 years ago* by kuontom@kbin.social to c/tech@kbin.social 49 comments fedilink hide all child comments Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."