Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bought the company, and that it's not cash flow positive.
  • T156@lemmy.worldEnglish
    1·
    1 year ago

    Let’s also remember that in all of Twitter’s years of operation they only had a couple quarters where they actually turned a profit

    And if memory serves, some of their most profitable quarters were during the lockdowns, which don’t exactly happen regularly.