Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
2023-07-16 04:48
US Rep. George Santos repays himself $85K raised from lackluster reelection fundraising
Recently released congressional campaign records reveal the potential challenges embattled U.S. Rep. George Santos faces in his bid for reelection
2023-07-16 04:22
Protests swell in Tel Aviv for 28th week as anti-government movement vows more 'days of disruption'
Tens of thousands of protesters have spilled into the streets of Tel Aviv, marking the 28th straight week of demonstrations against Prime Minister Benjamin Netanyahu’s plan to overhaul the country’s judiciary
2023-07-16 03:50
Barcelona & Real Madrid dealt major Financial Fair Play blow by UEFA
UEFA have deemed that Barcelona and Real Madrid must count sales of future revenue streams as debt in their financial records.
2023-07-16 03:22
2,000 evacuated in La Palma wildfire in Spain's Canary Islands; official says blaze 'out of control'
Authorities say that more than 2,000 people have been evacuated as a wildfire rages “out of control” on La Palma in Spain’s Canary Islands, destroying around a dozen homes
2023-07-16 03:18
Alaska volcano spews ash cloud high enough to draw weather service warning for pilots
An erupting volcano in Alaska’s Aleutian Islands sent up a cloud of ash Friday, prompting the National Weather Service to issue an inflight warning to pilots
2023-07-16 02:50
Tesla's 1st electric pickup has rolled off the assembly line, company says
Tesla says its first electric pickup has rolled off the assembly line
2023-07-16 01:51
Tesla builds its first Cybertruck four years after unveiling prototype
Tesla finally built its first Cybertruck, the company tweeted Saturday, two years behind schedule.
2023-07-16 01:21
Strikes and flops: Hollywood's cruel summer has become a time of reckoning
For Hollywood, 2023 will be remembered as a cruel summer, a dead reckoning of a different kind. That's because bad news has piled up, highlighting a reshaping of the entertainment industry that has fueled uncertainty and triggered eruptions in labor unrest.
2023-07-15 23:16
From inflation to mortgages: What last week's data says about the economy
Last week would have been an ideal week to go on vacation if you're an economist or, ahem, an economics reporter. That's because a boatload of new data was released.
2023-07-15 22:52
South Korea to expand support for Ukraine as President Yoon Suk Yeol makes a surprise visit
South Korean President Yoon Suk Yeol has made a surprise visit to Ukraine
2023-07-15 22:17
Elon Musk says Twitter's cash flow still negative as ad revenue drops
Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and
2023-07-15 22:15