Twitter is in negative cash flow due to 50% drop in advertising revenue, says Elon Musk
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Mr Musk tweeted Saturday: “We’re still negative cash flow, due to (about a) 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,” he concluded. Ever since he took over Twitter in a $44bn deal last fall, Mr Musk has tried to reassure advertisers who were concerned about the ouster of top executives, widespread layoffs and a different approach to content moderation. Some high-profile users who had been banned were allowed back on the site. In April, Mr Musk said most of the advertisers who left had returned and that the company might become cash-flow positive in the second quarter. In May, he hired a new CEO, Linda Yaccarino, an NBCUniversal executive with deep ties to the advertising industry. But since then, Twitter has upset some users by imposing new limits on how many tweets they can view in a day, and some users complained that they were locked out of the site. Mr Musk said the restrictions were needed to prevent unauthorized scraping of potentially valuable data. Twitter got a new competitor this month when Facebook owner Meta launched a text-focused app, Threads, and gained tens of millions of sign-ups in a few days. Twitter responded by threatening legal action. Read More Elon Musk doppelganger fights fake Mark Zuckerberg in preview of cage match Twitter starts making payments to its controversial users, including $20k to Andrew Tate Threads: Elon Musk posts series of explicit tweets about Mark Zuckerberg
2023-07-16 11:21
Outrage after video shows rapper Nardo Wick's entourage attacking young fan after he asked for photo
The Tampa fan, George Obregon Jr, who simply requested a photo, was left in critical condition with a brain bleed
2023-11-29 15:22
What to stream this week: 'Guardians of the Galaxy Vol. 3,' Quavo, 'Reservation Dogs' and 'Mixtape'
This week’s new entertainment releases include fresh tracks from Quavo, the arrival on Disney+ of James Gunn’s cornball finale “Guardians of the Galaxy Vol
2023-07-31 12:15
Irish budget helps lift consumer sentiment from six-month low - survey
DUBLIN Irish consumer sentiment improved in October as tax cuts and increased spending in the annual state budget
2023-10-31 08:23
Tesla's China deliveries account for more than half of global sales
Tesla's deliveries from its Shanghai factory more than doubled in the second quarter, accounting for over half of its record global sales, according to a Chinese trade group.
2023-07-05 13:49
‘Spiral hotdog’ cooking technique goes viral amid UK heatwave
An unusual method for cooking hotdogs has gone viral on TikTok after food influencer Carolina Gelen shared a tutorial video for “spiral hotdogs”. Gelen, who shares recipes with more than 560k followers on TikTok, posted her latest tutorial last week and has garnered more than 1.8m views in under three days. Her method of cutting hot dogs into a spiral before cooking them gives the sausages more surface area for caramelisation and toppings, she said. The home cook demonstrates inserting a skewer lengthwise into a hotdog and using a knife to cut around it at a 45-degree angle. This creates a spiral hot dog that lengthens but does not break apart. Gelen then cooks them in a cast iron pan over a fire and explained that the new shape makes the meat “open up in the pan”. “They caramelise beautifully and they can hold so many more toppings due to their shape,” she told viewers. “All those flavours and sauces will fall between those nooks and crannies and stay in between the buns.” Gelen recommends making her roasted red pepper salsa and pickle mayonnaise for toppings, but people who try her method can use whatever hot dog toppings they enjoy. She finished the video by assembling her hot dog, which was loaded up with her salsa, mayonnaise and mustard. @carolinagelen spiral hot dogs #hotdog #cooking #grilling #food ♬ Sunday - HNNY Viewers have been enjoying trying Gelen’s method of cooking hot dogs, with one person writing: “You just changed my life.” Another said: “This is genius. I only like grilled hot dogs and this will definitely maximise caramelisation.” A third added: “My hot dog life will never be the same thank you.” The video was also shared on Twitter and has gained a similar reception, with many users declaring they will try it out. “One of those tips that immediately strike you as game-changing and legit,” one person wrote. “Maillard reaction = flavour. And those new nooks and crannies can hold on to toppings better. “I’ll be 100 per cent doing with my hot dogs and bratwursts from now on.” Another said: “I did the spiral hot dogs thing tonight and I can confirm it’s got me a Michelin star.” Some people pointed out that this method is common in some cuisines, such as Filipino food, and confirmed it is a delicious way to prepare hot dogs. The viral tip comes as the UK is experiencing the highest temperatures of 2023 so far, with the mercury hitting 30C in most of the country on Saturday (10 June). Many will undoubtedly be having barbecues as the temperatures soar again today (Sunday 11 June) and can try Gelen’s method of cooking hot dogs. However, the Met Office has issued yellow warnings for thunderstorms across parts of England and Wales and some areas could be hit by torrential rain this weekend. Read More More thunderstorms and 30C temperatures forecast after hottest day of the year 7 things fitness experts want you to know about exercise during a heatwave Weather – latest: Health warning escalated as ‘extreme’ heatwave set to make UK hotter than Spain Schoolboy almost dies from swallowing magnets for TikTok challenge Woman shares honest review of New York City apartment TikTok mom slammed after making 5-year-old son run in 104 degree heat
2023-06-11 23:23
Google parent Alphabet profits grow on ads and cloud
Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads...
2023-10-25 05:25
As West Battles China, a Trade Ally Tries to Keep Both Doors Open
The drive south from the ancient city of Tangier spans decades of economic development in half an hour,
2023-06-22 12:27
Mystery Bet Before SEC Crypto Crackdown May Mint Trader Millions
Less than a half hour before US regulators cracked down on a key crypto exchange, an options trader
2023-06-08 04:24
Federal agency given deadline to explain why deadly Nevada wild horse roundup should continue
A judge has asked federal land managers to explain why they should be allowed to continue capturing more than 2,500 wild horses in northeastern Nevada — a roundup opponents say is illegal and has left 31 mustangs dead in 26 days
2023-08-06 03:50
MATCHDAY: Burnley looks for 1st points in Premier League. Girona chases 4th straight win in Spain
The three newly promoted teams in the Premier League have no wins and just a single point between them so far
2023-09-18 04:48
Pokimane's shocking revelation about former streamer crush who called her 'cringe' leaves fans guessing who he is: 'It isn't myth'
As fans eagerly tried to piece together the puzzle and guess the identity of the streamer, Pokimane playfully advised them against it
2023-07-29 16:51
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