Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
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Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
Billionaire's new artificial intelligence startup says its goal is to discover the "true nature of the universe."
The CEO of Facebook's parent company is trying to position Threads as a direct challenger to Twitter.
U.S. automobile safety regulators are zeroing in on changes that Tesla has made to its Autopilot partially automated driving system including how it makes sure drivers pay attention and how it detects and responds to objects.
The daily limit varies depending on whether you had a verified or unverified account.
The telescope will photograph billions of galaxies across the past 10 billion years to monitor how they were affected by dark energy and matter.
Virgin Galactic successfully launched its first paying customers to the edge of space.
"If this is for real, I will do it," Musk said in response to Zuckerberg.
In particular, transgender, non-binary and gender non-conforming users are subject to hate speech and harassment on social media, the report found.
All major social media platforms do poorly at protecting LGBTQ+ users from hate speech and harassment — especially those who are transgender, non-binary or gender non-conforming, the advocacy group GLAAD said on Thursday.
Hundreds in the automaker's Fremont factory allege racism, including references to the site as a plantation or slave ship.
Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination.
Fidelity, which owns an equity stake in Twitter, previously slashed its valuation by more than 55% at the end of last year — about one month after Musk acquired the platform.
The company said it is boosting production of the chips, which are used in products like ChatGPT.
Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities.
Florida Gov. Ron DeSantis held a campaign launch event on Twitter with the site's CEO Elon Musk, but it did not go according to plan.
The announcement will be at 6 p.m. ET Wednesday and hosted by David Sacks, a technology executive who is close to Musk and a DeSantis supporter, the sources said.
The former advertising executive is speaking about her new role on — where else? — Twitter.
The billionaire said he will transition to executive chairman and chief technology officer of the social network.
Some users of the social media network decried the graphic images, describing the postings as "unethical" and "horrible."
"Was I optimistic? Yes. Did I have final say? No," wrote Dorsey, once an ardent supporter of Musk's leadership of the social network.
Now, users have to pay $8 per month to keep their verification, but three celebrities were able to keep those checks without forking over cash. That's because Musk says he's paying for them.
After backlash, the platform has removed labels describing global media organizations as government-funded or state-affiliated.
Among the public figures to lose the platform's verification symbol are Beyonce, Pope Francis and Donald Trump.
This time it's for real.
Highway 50 is closed in Northern California's high country due to police activity Thursday morning.
According to Ventura County inmate records, Spears was arrested by the California Highway Patrol at 9:28 p.m. Wednesday and released at 6:07 a.m. on Thursday.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
A suspect is in custody after authorities in Utah found two women's bodies on a hiking trail and a third woman dead in a home nearby.
Sacramento police are investigating a deadly shooting Wednesday night and said they have detained a suspect who was barricaded inside a home.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Highway 50 is closed in Northern California's high country due to police activity Thursday morning.
This would be the first strike in the district's two-decade history.
According to Ventura County inmate records, Spears was arrested by the California Highway Patrol at 9:28 p.m. Wednesday and released at 6:07 a.m. on Thursday.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Sacramento police are investigating a deadly shooting Wednesday night and said they have detained a suspect who was barricaded inside a home.
The City of Sacramento is facing a multi-million-dollar budget deficit, and on Tuesday, city leaders and the public got their first chance to hear ideas on how to balance the budget.
Dustin DeWitt's family says he was in the area to meet a friend visiting from San Diego. What was meant to be a simple night out turned deadly.
Law enforcement officials are investigating after two people were stabbed at the Downtown Commons (DOCO) in Sacramento on Monday night.
Demonstrators in Sacramento gathered on Monday as part of a coordinated nationwide day of action protesting the escalating U.S.-Israeli war with Iran.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
In an effort to revitalize California's dying downtowns, state lawmakers are looking at ways to stop restaurants and retailers from going out of business and to fill vacant and boarded-up spaces.
Congressman Kevin Kiley has announced his plan to run in California's newly redrawn 6th district.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
There's a push at the California State Capitol to allow community colleges to offer bachelor's degree programs.
The San Jose Sharks signed forward Kiefer Sherwood to a five-year, $28.75 million extension six weeks after acquiring him in a trade from Vancouver.
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
Jalen Green scored 20 points, Grayson Allen had 18 and the Phoenix Suns beat the NBA-worst Sacramento Kings 114-103 on Tuesday night to sweep the four-game season series.
The Rams won the school's 23rd Sac-Joaquin section girls' basketball title against defending champion McClatchy on Saturday at Golden 1 Center.
The Faith Christian School girls' varsity basketball team just won it all for the second year in a row.
Federal prosecutors are dropping their probe into whether Biden and his aides unlawfully used an autopen for pardons, a source said.
The measure, which would have blocked President Trump from continuing military force against Iran, fell short of the simple majority needed to advance.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
Last week, Bill Gates apologized to the staff of his philanthropic Gates Foundation for his ties to Jeffrey Epstein, which he said began in 2011 and continued through 2014.
Six American service members have been killed in the U.S.-Iran conflict, U.S. Central Command said.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
Health officials in Napa County confirmed Wednesday that a child has been diagnosed with measles in the county's first case in nearly 15 years.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
Conor McGill reports.
Sacramento police are investigating a shooting Wednesday night and said a suspect remained barricaded inside a home as crisis negotiators worked to get them to surrender.
Steve Large reports.
Sacramento's biggest festival dropped its 2026 lineup on Wednesday.
Here's a look at the weather forecast Wednesday evening.