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.
Investigators believe drugs or alcohol were factors in a wrong-way crash on Interstate 5 in rural Yolo County that left two people dead.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Sacramento police said officers shot a suspect near an elementary school in the Northgate area after responding to reports of a person armed with a knife.
Investigators believe drugs or alcohol were factors in a wrong-way crash on Interstate 5 in rural Yolo County that left two people dead.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Natomas teachers are striking for the first time in district history.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
The Sacramento Police Department said officers shot a suspect near an elementary school in the Northgate area on Tuesday evening after responding to reports of a person armed with a knife.
While the infant was being taken to an area hospital, officials said the child's pulse returned and they began breathing on their own.
It's a busy afternoon at the Taylor Morrison Willdhawk community worksite in Sacramento. Before the nail-guns and hammers go to work, Stephanie Martinez ensures safety comes first.
U.S. Army Reserve Chief Warrant Officer Robert Marzan's presumed death in Iran adds to the long list of California Gold Star Families who have lost a loved one in the line of duty.
A Sacramento County jury has convicted a man of first-degree murder in a deadly shooting that happened three and a half years ago in the city's Fab 40s neighborhood.
Getting a gallon of gas for under $3? In California, it's possible if you choose the right pump.
Drivers across California are feeling the impact of soaring gas prices in what feels like overnight.
An 8-year-old child was airlifted to a hospital after plunging 30 feet from a chair lift at the Sierra-at-Tahoe ski resort over the weekend, authorities said.
The California Department of Motor Vehicles said the federal government is requiring approximately 13,000 non-domiciled commercial truck drivers statewide to have their licenses revoked, effective immediately.
California Democrats are showing signs of division as the race to replace Gov. Gavin Newsom grows increasingly crowded ahead of the June primary.
Sacramento outscored the Bulls 68-36 in the paint.
Even after enduring a brutal skid last season, the confident Athletics are talking about contending for the 2026 playoffs.
The San Francisco 49ers agreed to a four-year, $17 million contract with kicker Eddy Pineiro to keep him off the free agent market next week.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
The San Jose Sharks signed goalie Alex Nedeljkovic to a two-year, $6 million contract extension before the trade deadline.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Rep. Eric Swalwell's landlord submitted a sworn declaration that he lives at her California property after rival gubernatorial candidate Tom Steyer questioned his residency and eligibility to run for governor, CBS News California has exclusively learned.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
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.
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.
Here's a look at produce deals of the week.
Here's a look at the weather forecast Wednesday afternoon.
Ashley Sharp reports.
Carmela Karcher reports.
Gas prices are soaring in California. This is directly impacting small business food trucks and delivery drivers in San Joaquin County.