in

Twitter cash flow remains negative, rate limit to be changed, says Musk


By Alicia Diaz

 


Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.

 


The social media site will “need to reach positive cash flow before we have the luxury of anything else,” Musk said in a tweet. Separately, the billionaire announced late Saturday the platform will increase the number of tweets verified accounts can see each…

Read the full post

Written by Editor

Folarin Balogun news

Inter Milan planning swoop for Folarin Balogun?

What is Inheritance Tax? Rishi Sunak reportedly scrapping levy to save seats

What is Inheritance Tax? Rishi Sunak reportedly scrapping levy to save seats