Musk Admits Twitter Cash Flow Is Still Negative, Lost 50% Of Ad Revenue

All those misguided changes aren't working?

After drastic cost-cutting measures and various efforts to monetize the platform, Twitter is still in the red.

On July 15, Elon Musk tweeted, "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 …

from Mashable India tech https://ift.tt/An9V27m

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