Country Garden says founder, board chairperson at work, haven't left China
BEIJING Country Garden's founder and chairperson of the board are at work as usual, the debt-laden Chinese property
2023-10-19 09:15
American Girl Celebrates Grand Opening of Its Newest Los Angeles Flagship Store at Westfield Century City
MIDDLETON, Wis.--(BUSINESS WIRE)--Sep 6, 2023--
2023-09-07 00:02
Speaker Johnson says he'll make 44,000 hours of Jan. 6 footage available to the general public
House Speaker Mike Johnson says he plans to publicly release hours of footage from the Jan. 6, 2021, attack on the U.S. Capitol
2023-11-18 06:37
Chris Hemsworth reacts to Scorsese and Tarantino's 'super depressing' criticism of MCU
Chris Hemsworth reacts to Scorsese and Tarantino's 'super depressing' criticism of MCU
2023-06-11 02:19
India Power Giant NTPC’s Net Income Climbs 9.4% to $495 Million
India’s state-run power producer NTPC Ltd. reported a 9.4% increase in first-quarter earnings as the utility was able
2023-07-29 21:01
Elon Musk just revealed that Twitter is losing money fast thanks to advertising drop
On Saturday (July 15), Elon Musk revealed that Twitter is struggling with a “heavy debt load” due to advertising revenue dropping 50 per cent. Responding to a user seemingly giving financial business advice to Musk, the billionaire replied explaining that the company is “still in negative cash flow, due to ~50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.” Back in April, Musk had said Twitter was “roughly breaking even,” as most of its advertisers had returned. However, a New York Times report in early June found that Twitter’s revenue from US advertising was down 59 per cent from the previous year. Since taking over Twitter in October last year, Musk has faced constant scrutiny for his business decisions, cutting roughly 75 per cent of its workforce almost immediately, as well as reinstating users who were previously banned for breaking terms of service. Sign up to our free Indy100 weekly newsletter In May, Musk hired a new CEO, Linda Yaccarino, an ex-NBCUniversal advertising executive. The new hire was supposed to signal a fresh start for the platform under Musk’s ownership, but it clearly hasn’t worked in bringing previous advertisers back. Twitter has also caused new upset by imposing ‘rate limits’ on how many tweets users can view a day. At the time, Musk had said the restrictions were required to “address extreme levels of data scraping & system manipulation”. Another challenge that faces Twitter is Meta’s Threads, the new app it launched this week to compete with Twitter. Meta saw over 100 million users sign up in the first two weeks, but is yet to allow advertisers to host on the platform, despite interest. In response, Twitter threatened legal action, with Twitter’s attorney, Alex Spiro, accusing Meta for unlawfully using trade secrets and other intellectual property to create a “copycat” app. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-16 18:22
Carter, Perry combine for 10 3-pointers to lead Kansas State over South Dakota State 91-68
Cam Carter scored 25 points, Tylor Perry added 22 and the pair combined for 10 3-pointers to lead Kansas State to a 91-68 victory over South Dakota State
2023-11-14 11:19
'Flip the Strip' on HGTV: Who is Ben Cleary? Australia's Thunder from Down Under dancer and carpenter loves rodeo
Ben Cleary is a multi-talented entertainer who combines his passion for rodeo with his performances and construction expertise
2023-07-08 07:30
IPG Mediabrands Launches Industry’s Most Powerful Delivery Engine Under KINESSO Banner
NEW YORK--(BUSINESS WIRE)--Sep 21, 2023--
2023-09-21 23:03
National Donut Day: The surprising history behind the US tradition
Rather than being invented by Big Donut, the 2 June celebration traces its roots to World War One.
2023-06-02 23:19
Gray wins 5th start in row, Semien 21-game hit streak as Rangers beat M's 2-0
Jon Gray pitched two-hit ball over seven innings to win his fifth consecutive start, Marcus Semien scored the game’s first run after extending his MLB-best hitting streak to 21 games and the AL West-leading Texas Rangers beat the Seattle Mariners 2-0
2023-06-03 10:22
Who is Josh Gad's wife? 'Frozen' voice actor says he was 'shamed and threatened' for showing sympathy toward victims of Hamas attacks
Josh Gad said his message about the Israel-Hamas conflict was of 'heartbreak and shock' and that he has always been critical of the Israeli government
2023-10-09 20:34
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