Musk admits advertisers haven’t returned to Twitter, ad revenue down 50%
Twitter has negative cash flow despite Musk predicting profits last quarter.
https://arstechnica.com/tech-policy/2023/07/musk-admits-advertisers-havent-returned-to-twitter-ad-revenue-down-50/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
@arstechnica Musk will make his prediction (that twitter will be profitable by the end of the year) by getting rid all all twitter staff minus 10 folks give or take.
Not by making advertisers return.
:)
Librem Social is an opt-in public network. Messages are shared under Creative Commons BY-SA 4.0 license terms. Policy. Stay safe. Please abide by our code of conduct. (Source code)