Elon Musk Found the Fault in Twitter's Falling Profits

The new owner of Twitter, Elon Musk, which owns the social network of the same name, continues to make controversial statements.

Here's What We Know

Today we wrote about the fact that Twitter parted with half of its staff. Elon Musk called it a forced measure, otherwise the company would lose more than $4 million every day. In addition, the new CEO found the culprits for the fall of Twitter's income.

They were activists. According to the American billionaire, many advertisers refused to cooperate with Twitter under pressure from activists. However, Elon Musk did not specify losses of the company.

According to the new CEO, Twitter did everything to meet the demands of the activists, including the preservation of the previous rules of content moderation. However, the company has not received any feedback.

Source: CNBC

Image: El Pais