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Elon Musk says Twitter still in ‘negative cash flow’ due to 50% drop in advertising, debt

Por: Fox Business Tech July 17, 2023

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Competitive Enterprise Institute Center for Technology & Innovation director Jessica Melugin discusses Twitter's new CEO and the 'unintended consequences' of children using A.I. revealed Saturday that Twitter’s cash flow is still negative due to a drop in advertising on the site and a heavy debt load following his $44 billion buy last year.  We’re still negative cash flow, due to — 50% drop in advertising revenue plus heavy... + full article



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