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Musk: Twitter must reach positive cash flow before ‘the luxury of anything else’
Platform owner has announced the platform will increase the number of tweets verified accounts can see each day by 50 per cent
Twitter still has a negative cash flow due to a heavy debt load and a roughly 50 per cent drop in advertising revenue, the platform’s owner Elon Musk has said.
Separately, Musk announced that the platform will increase the number of tweets verified accounts can see each day by 50 per cent, following complaints from users.
In a Tweet, the chief executive said the social media website would “need to reach positive cash flow before ...