Musk: Twitter ad revenue plummeted by 50 percent – Web

2023-07-15 18:02:49

San Francisco – Business at the short message service Twitter is worse than expected. Company owner Elon Musk wrote on Twitter on Saturday that cash flow remained negative due to a nearly 50 percent drop in revenue and a high debt burden. In March, Musk said it expected Twitter to achieve positive cash flow by June.

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