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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.

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.

By Ramishah Maruf, CNN

Theres been a 50 per cent drop in advertising revenue

Elon Musk, the billionaire head of Twitter, has admitted loss in ad revenue and negative cash flow just months into the acquisition of the social media giant, which he officially acquired in October...

Millions of (mostly) men are carrying out relationships with a chatbot partner – but it’s not all love and happiness

ALBAWABA - After a strong start for Meta's latest app, Threads, there has been a significant decline in the number of daily active users and the time sp

The new app set a record of 100 million sign-ups in five days.

Jack Dorsey posted a screenshot to Twitter, revealing Mark’s follow request to him | World News

We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load, Musk tweets