List of All Articles with Tag 'new'

PSV reveal Xavi Simons is close to returning to Paris Saint-Germain.

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.

Rex Heuermann was arrested in connection to the murders of the 'Gilgo Beach four', four escorts whose remains were found on the beach in 2010

Liev Schreiber and Taylor Neisen married in a small ceremony over the Fourth of July weekend in their picturesque ocean-front Montauk residence

Robert Hall, 34, slipped and fell roughly 20 feet down a maintenance pit while working as a plumbing contractor at Armuchee High School

Ben Platt and Noah Galvin reportedly 'just sort of enjoying doing this' as they both gleefully showed their engagement rings

PewDiePie said, 'I don't know if I'll have time to make videos, is it gonna be chaos, I don't know, but I imagine I won't upload for a while'

Tristan Tate called out governments for their poor naming system while fans rallied to back him up

Wimbledon champion Marketa Vondrousova says she's “just a normal person” because she likes to eat chocolate and eat McDonald's during a Grand Slam tournament

Thomas Tuchel assesses Sadio Mane's first season at Bayern Munich amid ongoing Saudi Arabia transfer interest.

Carlethia Nichole Russell, 25, disappeared on Thursday night after claiming to help a toddler who was running loose on the I-459

Ilkay Gundogan speaks about what motivated him to join Barcelona.