Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt

San Francisco, July 17: Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.”

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Musk announces 'server architecture changes' on Twitter

Twitter CEO Elon Musk has planned yet another set of upgrades to the platform.

Musk announces 'server architecture changes' on Twitter

Twitter CEO Elon Musk has planned yet another set of upgrades to the platform.

Musk reinstates suspended Twitter accounts post backlash

Elon Musk on Saturday lifted the suspension of Twitter accounts of a slew of journalists.

Musk reinstates suspended Twitter accounts post backlash

Elon Musk on Saturday lifted the suspension of Twitter accounts of a slew of journalists.

Twitter: Musk working on software update

Twitter CEO Elon Musk has come up with a new update to the micro-blogging platform after the second

Elon Musk announces new Twitter policy

Elon Musk has been trying to revamp Twitter ever since he took control of the microblogging site.

Musk threatens to boot Twitter account impersonators

Elon Musk tweeted Sunday that Twitter will permanently suspend any account on the social media platform

Twitter shareholders sue Musk, say he ‘deflated’ stock price

Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in “unlawful conduct”