Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business
www.cnn.com
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
  • Aer
    English
    1•2 years ago

    It’s the best and worst thing to happen to the internet.

    Best because - Twitter is a toxic site, with toxic people and a system that encourages ragebaiting means it breeds it.

    Worst because - These negative people need somewhere to go… And it will only force them onto alternatives and fester in new places. Potentially here.