Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt

  • 📰 TheTorontoSun
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Elon Musk says Twitter is still losing cash because advertising has dropped by half.

Saturday, “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,” he concluded.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 23. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인