{"id":10759,"date":"2023-07-16T19:38:18","date_gmt":"2023-07-16T17:38:18","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/07\/16\/elon-musk-says-twitter-cash-flow-still-negative-amid-50-drop-in-ad-revenue\/"},"modified":"2023-07-16T19:38:18","modified_gmt":"2023-07-16T17:38:18","slug":"elon-musk-says-twitter-cash-flow-still-negative-amid-50-drop-in-ad-revenue","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/07\/16\/elon-musk-says-twitter-cash-flow-still-negative-amid-50-drop-in-ad-revenue\/","title":{"rendered":"Elon Musk says Twitter cash flow still negative amid 50% drop in ad revenue"},"content":{"rendered":"<p>Latest sign that aggressive cost-cutting measures since Musk acquired Twitter are not enough to get cash flow positive<\/p>\n<p>Twitter\u2019s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.<\/p>\n<p>\u201cNeed to reach positive cash flow before we have the luxury of anything else,\u201d Musk said in a tweet replying to suggestions on recapitalization.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jul\/16\/elon-musk-says-twitter-cash-flow-negative\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/55081499ef55c98fdc8e3c8243b8232d4fff014c\/0_145_3872_2325\/master\/3872.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=dcb25cc5ee0943396e9c8ef8a111ab70\" title=\"Elon Musk says Twitter cash flow still negative amid 50% drop in ad revenue\" \/>Latest sign that aggressive cost-cutting measures since Musk acquired Twitter are not enough to get cash flow positive<br \/>\nTwitter\u2019s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.<br \/>\n\u201cNeed to reach positive cash flow before we have the luxury of anything else,\u201d Musk said in a tweet replying to suggestions on recapitalization. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Latest sign that aggressive cost-cutting measures since Musk acquired Twitter are not enough to get cash flow positive Twitter\u2019s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/07\/16\/elon-musk-says-twitter-cash-flow-still-negative-amid-50-drop-in-ad-revenue\/\"> <span class=\"screen-reader-text\">Elon Musk says Twitter cash flow still negative amid 50% drop in ad revenue<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10759"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10759"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10760"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10759"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}