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Musk says he saved Twitter from bankruptcy, but it still has big money problems

1 month ago   |   By Ars Technica

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Elon Musk says Twitter has stabilized its finances after being close to bankruptcy, but the company still faces money problems and at least seven lawsuits alleging it stopped paying bills after Musk bought the social network. A new report says an attempt to boost Twitter Blue subscription revenue isn't paying off much yet, and a plan to charge for API access has angered users and developers.
In a tweet on Sunday , Musk said he's had an "extremely tough" three months because he "had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties... Wouldn't wish...
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Twitter Blue only gained 180,000 subscriptions by mid-January

Twitter Blue only gained 180,000 subscriptions by mid-January

1 month ago   |   By Android Headlines

Billionaire and Big Bang Theory guest star Elon Musk bought Twitter for a whopping $44 billion last year, and he's been trying his hardest to make the platform profitable. This included hiking up the price of Twitter Blue and throwing in the verification badge as a perk. Well, according to The Information , Twitter Blue only had a total of about 180,000 members by mid-January.
Twitter has been the talk of the town for the past couple of months since Elon Musk took the helm, and the stormy seas are calming down. The social media platform is now dealing with content moderation issues as far...
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Without more U.S. subscribers to Twitter Blue, Musk might consider bankruptcy after all

Without more U.S. subscribers to Twitter Blue, Musk might consider bankruptcy after all

1 month ago   |   By Phone Arena

Twitter reportedly has only 180,000 U.S. subscribers to its Twitter Blue service which puts it well under Elon Musk's goal.
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