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Elon Musk says Twitter is dropping money as a result of promoting is down and the corporate is carrying heavy debt

Enterprise “We’re nonetheless detrimental money circulate, because of (a couple of) 50% drop in promoting income plus heavy debt load,” Musk tweeted Saturday. FILE – A Twitter app icon on a cell phone is displayed April 26, 2017, in Philadelphia. Meta is poised to launch a brand new app that seems to imitate Twitter, marking … [Read more…]

Tom Brady was reportedly paid $55 million by Sam Bankman-Fried for FTX promoting

Morning Sports activities Replace Writer Michael Lewis mentioned Brady’s function within the cryptocurrency trade previous to its downfall. Bankman-Fried is now on trial for fraud and cash laundering. Tom Brady was reportedly paid $55 million by FTX and Sam Bankman-Fried. Picture by Maddie Meyer/Getty Photographs Tom Brady, Sam Bankman-Fried, and FTX: Forward of the trial … [Read more…]