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.
Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow
https://www.phonearena.com/news/twitter-ad-revenue-down-50-percent_id148944
35 Comments
TheCelticPirate@lemmy.world · 153 pts · 3y
Good thing he didn't go woke or else Twitter would be going broke. /s
j4k3@lemmy.world · 36 pts · 3y
Billionaires pay the idiots through misinformation to do their bidding. Selling to the idiots is to make yourself king idiot.
FuglyDuck@lemmy.world · 60 pts · 3y
Musk didn’t buy Twitter to make a profit.
He bought Twitter to control the conversation.
RvTV95XBeo@sh.itjust.works · 108 pts · 3y
Musk didn't buy Twitter to control the conversation, he bought it because his ego was too massive to just shut the fuck up for a minute and admit it was a stupid idea.
He tried to pull out after he came to the same realization literally everyone had been shouting at him for months but was legally in too deep.
FuglyDuck@lemmy.world · 20 pts · 3y
It's an ego thing. he wanted to be cool. Like Myspace tom.
keep in mind that even at what he paid for it, it's still not a loss he's going to really feel. It's the difference between his grandkids having their own G280 vs them having their own G800 gulfstream.
vezrien@lemmy.world · 11 pts · 3y
He wanted to pretend to be interested long enough to read Amber Heards DMs and then back out. He didn’t count on Twitter wanting to sell.
loutr@sh.itjust.works · 14 pts · 3y
I like the theory that he only wanted a reason to sell a large amount of Tesla shares without causing a panic sell.
lapommedeterre@lemmy.world · 4 pts · 3y
Try, but seems to be failing at it. Also probably checking out everyone's DMs.
Candelestine@lemmy.world · 44 pts · 3y
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.
xavier666@lemm.ee · 32 pts · 3y
Oh no, that's so sad! Anyway, what did you guys have for lunch? I had rice
mhz@lemmy.world · 6 pts · 3y
A tacos most likely, I will know in the next 30min
xavier666@lemm.ee · 1 pts · 3y
Don't make the taco too spicy. The feeling in the toilet is worse than Twitter's negative cash flow :(
daanzel@lemmy.world · 6 pts · 3y
Ordered a subway sandwich, ate the whole thing, now in regret..
Silviecat44@aussie.zone · 2 pts · 3y
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 pts · 3y
Rice with chicken curry. One of the most delicious combinations which will never get old.
Kodemystic@lemmy.kodemystic.dev · 2 pts · 3y
Just rice? I had bread.
geissi@feddit.de · 3 pts · 3y
Just bread? I had noodles.
HardlightCereal@lemmy.world · 1 pts · 3y
spaghetti
RocksForBrains@lemm.ee · 32 pts · 3y
Looks like advertisers don't want to be associated with right wing terrorists and pedophiles.
The_Nostromo@lemmy.world · 3 pts · 3y
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
drturtle@lemmy.world · 19 pts · 3y
Has he tried firing all the employees? I hear that helps with cash flow. /s
LEDZeppelin@lemmy.world · 14 pts · 3y
What happened Elon? Did you forget to let all the lunatics loose and call it FrEe SpeEEeeEcH?
DarthDarthBinks@lemmy.world · 13 pts · 3y
So we can assume reddit will go down the same road
rageagainstmachines@lemmy.world · 12 pts · 3y
Burn it all down
assembly@lemmy.world · 12 pts · 3y
He should probably stop cutting 5 figure checks to every MAGA crazy on Twitter then if finances are that bad.
Captain_Patchy@lemmy.world · 12 pts · 3y
And exactly who's fault IS that drop, elrod?
markr@lemmy.world · 10 pts · 3y
The problem is obviously the Woke mind virus.
xc2215x@lemmy.world · 11 pts · 3y
Advertisers don't want him to pay extreme right wingers most likely.
ClarissaXDarjeeling@lemmy.world · 8 pts · 3y
whoopsidoodle!
ricecooker@lemmy.world · 8 pts · 3y
And now Elon gets to play the same game that every other social network plays. Will be interesting to see how he reacts.
cpo@lemmy.world · 6 pts · 3y
I wonder why that is.
🙄
guccidane@lemmy.world · 3 pts · 3y
Interesting!
xavier666@lemm.ee · 1 pts · 3y
🤔
Elephant0991@lemmy.bleh.au · 2 pts · 3y
@remindme@mstdn.social in 1 week
Gingerlegs@lemmy.world · 1 pts · 3y