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.
Twitter alleges Meta hired former employees of the blogging platform and tapped trade secrets to develop new Threads service.
The social media company debuted the new service on July 5, a day earlier than expected. It also has a sneaky way to get a download.
Dr. Vivek Murthy urged policymakers and tech companies to take "immediate action" to protect young people.
In Texas, suicide is the second leading cause of death for students ages 10 and older, according to the State Department of Health and Human Services.
The bill would also require children ages 13 to 17 to receive parental consent to create a social media account.
Zuckerberg said funding low-priority projects is costly and company functions better as leaner organization.
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
Earlier this month, Trump's presidential campaign asked Meta to reinstate him on the social media platform.
Memos show Facebook, now Meta, employees raising concern about company research that showed Instagram made girls feel worse about their bodies.
"It is absolutely none of my business. I will not persecute Texas women or anyone else pursuing those same rights."
