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

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Elon Musk says Twitter is losing cash because advertising is still down sharply and the social media company is carrying heavy debt.

FILE - A Twitter app icon on a mobile phone is displayed April 26, 2017, in Philadelphia. Meta is poised to launch a new app that appears to mimic Twitter, marking a direct challenge to the social media platform owned by billionaire Elon Musk.

A listing for the app, called Threads, appeared on Apples App Store, indicating it would debut as early as Thursday, July 6, 2023. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to 50% drop in advertising revenue plus heavy debt load.”Ever since he

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 442. in RU

Россия Последние новости, Россия Последние новости