mastermind@lemm.ee to

Technology@lemmy.worldEnglish · 1 year ago

Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

markets.businessinsider.com

446

Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

markets.businessinsider.com

mastermind@lemm.ee to

Technology@lemmy.worldEnglish · 1 year ago

Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bought the company, and that it's not cash flow positive.

Chat

Flying Squid@lemmy.world
link
fedilink
English
arrow-up
5·
1 year ago
Possibly not, but people believe Ark and that will affect the valuation.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.22K users / day
8.62K users / week
16K users / month
32.8K users / 6 months
2.13K local subscribers
59.6K subscribers
12.2K Posts
510K Comments
Modlog