SALT LAKE CITY--(BUSINESS WIRE)--May 30, 2023--

On Saturday (July 15), Elon Musk revealed that Twitter is struggling with a “heavy debt load” due to advertising revenue dropping 50 per cent. Responding to a user seemingly giving financial business advice to Musk, the billionaire replied explaining that the company is “still in negative cash flow, due to ~50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.” Back in April, Musk had said Twitter was “roughly breaking even,” as most of its advertisers had returned. However, a New York Times report in early June found that Twitter’s revenue from US advertising was down 59 per cent from the previous year. Since taking over Twitter in October last year, Musk has faced constant scrutiny for his business decisions, cutting roughly 75 per cent of its workforce almost immediately, as well as reinstating users who were previously banned for breaking terms of service. Sign up to our free Indy100 weekly newsletter In May, Musk hired a new CEO, Linda Yaccarino, an ex-NBCUniversal advertising executive. The new hire was supposed to signal a fresh start for the platform under Musk’s ownership, but it clearly hasn’t worked in bringing previous advertisers back. Twitter has also caused new upset by imposing ‘rate limits’ on how many tweets users can view a day. At the time, Musk had said the restrictions were required to “address extreme levels of data scraping & system manipulation”. Another challenge that faces Twitter is Meta’s Threads, the new app it launched this week to compete with Twitter. Meta saw over 100 million users sign up in the first two weeks, but is yet to allow advertisers to host on the platform, despite interest. In response, Twitter threatened legal action, with Twitter’s attorney, Alex Spiro, accusing Meta for unlawfully using trade secrets and other intellectual property to create a “copycat” app. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

LAUSANNE, Switzerland & NEWARK, Calif.--(BUSINESS WIRE)--May 24, 2023--

There are countless tablets on the market, but which one is right for you? Whether

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Scientists in Mexico have given their verdict on the supposed 'aliens' that were presented to the country's congress last week. Much controversy existed around the aliens who were presented by a man named Jaime Maussan who has previously been accused of using the mummified beings, apparently found in Peru, as part of an elaborate hoax. Despite spawning dozens of memes, the aliens are apparently being treated seriously enough that they have now been studied by scientists who have said that the figures are ‘single skeletons’ and also have 'eggs' inside of them. The two aliens have been named Clara and Mauricio and have reportedly been studied in a lab at the Noor Clinic in Mexico. Lead researcher Dr Jose de Jesus Zalce Benitez, a former navy forensics doctor, who added that as well as being "a single skeleton" the aliens are also a "complete organic being." He also denied that the aliens were part of a hoax and even said that Clara was "alive, was intact, was biological and was in gestation." However, much like the alien bodies themselves, the research has been clouded in controversy and scepticism as the research has yet to be officially verified, with Nasa scientist Dr David Spergel questioning why the findings haven't been made public, as per the BBC. Spergel said: "He said: "If you have something strange, make samples available to the world scientific community and we'll see what's there." Benitez did add in his address at the press conference: "We are facing the paradigm of describing a new species or given the opportunity to accept that there has been contact with other beings, non-humans, that were drawn and marked in the past by diverse cultures throughout the world." Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

It used to be such a common refrain it was nearly a cliché: if you

SAN DIEGO--(BUSINESS WIRE)--Jul 18, 2023--

SAN FRANCISCO--(BUSINESS WIRE)--Jun 22, 2023--

Janet Yellen planted a flag during her confirmation hearing in January 2021. Climate change, she declared, was an

The couple who had been 'informally married' filed for a divorce in 2022 and months later Adept filed for a Protective Order

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