Ad revenue used to service debt pile unlikely to return soon, meaning deal with lenders or cash injection needed
Elon Musk’s extraordinary tirade on Wednesday once again raises questions about the survival of X, formerly known as Twitter.
When the world’s richest person took over the social media platform on 27 October last year, he acquired a historically loss-making business.
Continue reading…
Ad revenue used to service debt pile unlikely to return soon, meaning deal with lenders or cash injection needed
Musk hurls defiant, profanity-laced retort at fleeing advertisers
Elon Musk’s extraordinary tirade on Wednesday once again raises questions about the survival of X, formerly known as Twitter.
When the world’s richest person took over the social media platform on 27 October last year, he acquired a historically loss-making business. Continue reading…Technology | The Guardian