Musk: Twitter’s ad revenue is way down. Ya think?

Elon Musk is getting plenty of free business advice lately regarding his handling of Twitter, including from me. (To be fair, such advice is generally worth what you paid for it, including mine.) But this weekend, Musk responded to one follower by indicating that any big changes or improvements would not be possible for the time being, admitting that the company’s advertising revenue is roughly half of what it was when he purchased it and Twitter is still in a state of “negative cash flow.” Am I the only one who is completely unsurprised by this revelation? I was and still remain a staunch supporter of Elon Musk buying Twitter and wanting to restore free speech, but let’s face it. There have been some significant problems lately. (CNN)Read More