this post was submitted on 16 Jul 2023
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376
Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow (www.phonearena.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
38 comments fedilink hide all child comments
 

Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow::Elon Musk says that Twitter's cash flow is still in the red due to a 50% drop in advertising revenue.

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[–] TheCelticPirate@lemmy.world 151 points 2 years ago (1 children)

Good thing he didn't go woke or else Twitter would be going broke. /s

[–] j4k3@lemmy.world 35 points 2 years ago

Billionaires pay the idiots through misinformation to do their bidding. Selling to the idiots is to make yourself king idiot.

[–] Candelestine@lemmy.world 43 points 2 years ago

Huh... I never woulda guessed that might happen. This is frankly, astounding, and extremely newsworthy. Surely there is a great deal we can learn from a deep dive into this doubtlessly extraordinarily complex topic.

[–] RocksForBrains@lemm.ee 31 points 2 years ago (1 children)

Looks like advertisers don't want to be associated with right wing terrorists and pedophiles.

[–] The_Nostromo@lemmy.world 3 points 2 years ago* (last edited 2 years ago)

Remember when Musk called that cave diver trying to rescue the soccer team a pedo because he called Musk out for how shitty his submarine idea was

[–] xavier666@lemm.ee 30 points 2 years ago (5 children)

Oh no, that's so sad! Anyway, what did you guys have for lunch? I had rice

[–] mhz@lemmy.world 6 points 2 years ago (1 children)

A tacos most likely, I will know in the next 30min

[–] xavier666@lemm.ee 1 points 2 years ago

Don't make the taco too spicy. The feeling in the toilet is worse than Twitter's negative cash flow :(

[–] daanzel@lemmy.world 6 points 2 years ago

Ordered a subway sandwich, ate the whole thing, now in regret..

[–] Silviecat44@aussie.zone 2 points 2 years ago (1 children)

I had a peanut butter and banana wrap (I was ay home, it was convenient) . Did you have anything with the rice or was it just plain?

[–] xavier666@lemm.ee 2 points 2 years ago* (last edited 2 years ago)

Rice with chicken curry. One of the most delicious combinations which will never get old.

[–] Kodemystic@lemmy.kodemystic.dev 2 points 2 years ago (1 children)

Just rice? I had bread.

[–] geissi@feddit.de 3 points 2 years ago

Just bread? I had noodles.

[–] HardlightCereal@lemmy.world 1 points 2 years ago

spaghetti

[–] drturtle@lemmy.world 18 points 2 years ago* (last edited 2 years ago)

Has he tried firing all the employees? I hear that helps with cash flow. /s

[–] LEDZeppelin@lemmy.world 13 points 2 years ago

What happened Elon? Did you forget to let all the lunatics loose and call it FrEe SpeEEeeEcH?

[–] Captain_Patchy@lemmy.world 12 points 2 years ago (1 children)

And exactly who's fault IS that drop, elrod?

[–] markr@lemmy.world 10 points 2 years ago

The problem is obviously the Woke mind virus.

[–] DarthDarthBinks@lemmy.world 12 points 2 years ago

So we can assume reddit will go down the same road

[–] rageagainstmachines@lemmy.world 11 points 2 years ago

Burn it all down

[–] assembly@lemmy.world 11 points 2 years ago

He should probably stop cutting 5 figure checks to every MAGA crazy on Twitter then if finances are that bad.

[–] xc2215x@lemmy.world 11 points 2 years ago

Advertisers don't want him to pay extreme right wingers most likely.

[–] ricecooker@lemmy.world 8 points 2 years ago

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 have the luxury of anything else.

And now Elon gets to play the same game that every other social network plays. Will be interesting to see how he reacts.

[–] ClarissaXDarjeeling@lemmy.world 8 points 2 years ago

whoopsidoodle!

[–] cpo@lemmy.world 6 points 2 years ago

I wonder why that is.

🙄

[–] guccidane@lemmy.world 3 points 2 years ago (1 children)

Interesting!

[–] xavier666@lemm.ee 1 points 2 years ago

🤔

[–] Elephant0991@lemmy.bleh.au 2 points 2 years ago

@remindme@mstdn.social in 1 week

[–] Gingerlegs@lemmy.world 1 points 2 years ago

No, you are. Jackass lol

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