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Saturday, July 15, 2023

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 a heavy debt load. "Need to reach positive cash flow before we have the luxury of anything else," Musk said in a tweet early on Saturday.

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Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...