Many advertisers said adieu to Twitter Inc. once Elon Musk took over, after revenue and adjusted earnings for the month of December took a major hit with a decline of almost 40% YoY.
Also back in December, Musk was optimistic about reaching ‘cash flow break-even’ status in 2023, which should be great news for everyone except the poor banks who loaned Twitter money to support Musk’s acquisition. They’re just about getting their first interest payment 👀
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