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
    3·
    1 year ago

    ad revenue that’s hemorrhaging customers

    It’s also haemorrhaging ad revenue, since Musk recently stated that ad volumes were down 50% or so.

    • Saneless@lemmy.worldEnglish
      3·
      1 year ago

      Twitter ad buys were junk when it was considered a good site. I can’t imagine how poorly it’s doing since the users are largely bluetlicker shitstains