Even private companies can go bust.
The ideas have come so fast that it’s hard to keep track of it all, let alone parse a coherent strategy. But if you take a few steps back, there’s a fairly straightforward theme: Twitter needs to make money and fast. The ideas have been haphazard, but they’ve been fairly consistent, seeking new sources of non-advertising revenue and desperately cutting costs.
If this seems unexpected, it’s because Musk spent so much time publicly insisting that the buyout wasn’t about money., he said it straight out: “This is not a way to make money…. Having a platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization. This is not about the economics at all.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to make a sweet potato even sweeter: freeze it before bakingStudies show it is always best to bake your sweet potatoes, rather than boil or microwave them, and there is another trick to take the tubers to the next level of deliciousness, says Sam Wong
Read more »
No one wins Monday's $1 billion Powerball, jackpot grows even larger WednesdayThe odds of winning the jackpot are about 1 in 292 million. There have been four winning Powerball tickets sold in 2022
Read more »
It Can Take Months, Even Years, to Get the Right DiagnosisExactly Why It Can Take Months—or Years—to Get the Right Diagnosis
Read more »
SF's Twitter, under Elon Musk, faces even more instabilityIt feels like a lifetime since the Tesla and SpaceX CEO walked into Twitter's San Francisco offices with a sink.
Read more »
There’s an Affordable Alternative for Selena Gomez’s Favorite 24K Gold Eye Patches & They’re Even Cheaper RN'It's like a magic eraser for your eyes.'
Read more »
‘Not even enough money for food’: graduate students face cash crunchThe cost-of-living crisis is causing widespread financial distress among those in master’s and PhD programmes worldwide.
Read more »