List of All Articles with Tag 'ne'

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.

Meteorologists predict that Las Vegas' all-time high temperature of 117 degrees Fahrenheit may surpass on Sunday, July 16

Ilkay Gundogan speaks about what motivated him to join Barcelona.

Iranian police have announced a new campaign to force women to wear the Islamic headscarf

Dramatic footage captured the moment a massive mushrooming plume of smoke and flames engulfed the plant, sending shockwaves through the community

The Miu Miu micro mini skirt comes with a price tag of approximately $950 for the shortest version, while a longer variant can cost around $1,150

Anurag Chandra faces three counts of murder, three counts of attempted murder, as well as a special circumstance allegation of multiple murders

Russian President Vladimir Putin said in an interview published Sunday that Russia had a “sufficient stockpile” of cluster munitions, warning that Russia “reserves the right to take reciprocal action” if Ukraine uses the controversial weapons

Rex Heuermann's house in Massapequa Park aroused suspicion due to its run-down nature despite his work as an architect

MOSCOW President Vladimir Putin said Russia had a "sufficient stockpile" of cluster bombs and reserved the right to

At least 4,000 people have been evacuated as a forest fire burned out of control on the Spanish

Peter Kentes shared pictures of Madonna when she was 19 to prove she was a tough cookie