Saturday, July 15, 2023

Elon Musk says Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load (Jahnavi Nidumolu/Reuters)

Jahnavi Nidumolu / Reuters:
Elon Musk says Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load  —  Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.  —  “Need to reach positive cash flow …



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Sources: Apple planned to announce a smart home hub in March but it has been postponed since the device relies on the delayed Siri capabilities (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg : Sources: Apple planned to announce a smart home hub in March but it has been postponed since the device relies ...