Germany great Popp chases World Cup glory to cap remarkable career
Germany captain Alexandra Popp will hope there is no repeat of her injury curse when she attempts to crown a towering career with...
2023-07-16 11:25
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
Once 'humiliated', South Korea's Park set for third World Cup
Park Eun-seon was "humiliated" a decade ago by unfounded claims about her sex but has put the episode behind her to stand on the cusp...
2023-07-16 11:19
Spain PM fails to get vote boost from economy
Spain's economy is growing steadily and inflation has been tamed -- but Prime Minister Pedro Sanchez is facing an uphill battle to be re-elected in...
2023-07-16 11:17
Olympic gold medallist Cruz wins pro boxing debut
Andy Cruz, whose stellar amateur career included Olympic boxing gold for Cuba in Tokyo, launched his pro ring career on Saturday with an impressive unanimous decision victory...
2023-07-16 11:15
Ukraine, Poland say Wagner fighters arrive in Belarus
(Reuters) -Fighters from the Wagner group have arrived in Belarus from Russia, Ukrainian and Polish officials said on Saturday, a
2023-07-16 10:27
A Houston-area man has been federally charged in a social media sextortion scheme of minors
A Houston-area man was arrested Thursday and federally charged with the sexual exploitation of children for obtaining explicit images and videos of women throughout the United States, many of whom were minors, and using them for extortion, according to a criminal complaint.
2023-07-16 10:24
Ireland 'feared for their bodies' in abandoned Colombia warm-up
Ireland coach Vera Pauw said her players "feared for their bodies" in an abandoned women's World Cup warm-up match, claiming opponents Colombia played "outside...
2023-07-16 10:23
Azerbaijan says Russia, Armenia not fulfilling Nagorno-Karabakh ceasefire deal
BRUSSELS (Reuters) -Azerbaijan said on Saturday that Russia and Armenia are not fulfilling the Nagorno-Karabakh enclave ceasefire deal, hours after
2023-07-16 09:56
As climate changes, farms in US 'Peach State' Georgia suffer
From a distance, everything looks normal: neat rows of peach trees, their green leaves fluttering in the wind, near a...
2023-07-16 09:54
White House hopeful DeSantis loses steam, struggling with image
Long viewed as the most formidable challenger to Donald Trump in the Republican US presidential nominating contest, Ron DeSantis boasts a record of ultra-conservative legislative wins...
2023-07-16 09:50
DeSantis fundraising slowed after initial campaign launch, filing shows
Republican presidential candidate Ron DeSantis posted a strong fundraising total of $20 million in his bid for the GOP nomination for the quarter ended June 30, according to his filing Saturday with the Federal Election Commission. But the Florida governor is relying on larger donors to fuel his campaign and saw the pace of contributions slow after his initial announcement.
2023-07-16 09:50
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