Twitter has a chance of turning cash-flow positive in the second quarter, despite “a massive decline in advertising,” and after a severe cost cutting, Twitter CEO Elon Musk told attendees at a Morgan Stanley conference for investors in San Francisco Tuesday. Musk, who appeared in person, said that Twitter’s revenue was slated to drop to less than $3 billion this year, which would be around a...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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