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Twitter's cash flow is still negative due to ad income
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Twitter's cash flow is still negative due to ad income
Twitter's cash flow is negative as a result of a roughly 50% decrease in advertising income and a significant debt load.
Twitter's cash flow is negative as a result of a roughly 50% decrease in advertising income and a significant debt load.
Musk stated in another tweet on Sunday that Twitter did not experience the predicted boost in advertising income in June.
July seems a little more encouraging, Twitter Spaces has yet to produce income and is free.
After laying off thousands of staff and reducing cloud service costs.
Musk stated that the company's non-debt expenditures were decreased to $1.5 billion from a planned $4.5 billion in 2023.
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