Mark Cuban Gives Elon Musk Business Advice in Latest Jibe

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

X has reportedly become less profitable since Musk's takeover, with a 2023 report saying it saw a 54 percent drop in revenue.

Mark Cuban offered Elon Musk some business advice for his platform X in the latest jibe shared between the two entrepreneurs on the social media site.Cuban commented on September 17, 'Hey @elonmusk this could make @X profitable,' while sharing a previous post of the patent receipt of a new software Cuban and two others had invented. Cuban appeared to have to turned off the comments of the post.

Musk instead tried to generate revenue from building up X Premium, the equivalent of Twitter Blue, meaning he would collect profit from those willing to pay a subscription of $8 a month for the more advanced version of the platform.Tech site Mashable reported that X has recorded heavy losses. For example, it said that it lost $456 million in the first quarter of 2023, despite X CEO Linda Yaccarino saying the platform would become profitable in 2024.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 468. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

After Shark Tank, Mark Cuban Just Wants to Break Shit—Especially the Prescription Drug IndustryBillionaire Mark Cuban is done with his hit TV show, but he’s still invested in fighting pharma’s middlemen, being a dad, and needling Elon Musk.
La source: WIRED - 🏆 555. / 51 Lire la suite »