Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Mr Musk tweeted Saturday: “We’re still negative cash flow, due to (about a) 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,” he concluded. Ever since he took over Twitter in a $44bn deal last fall, Mr Musk has tried to reassure advertisers who were concerned about the ouster of top executives, widespread layoffs and a different approach to content moderation. Some high-profile users who had been banned were allowed back on the site. In April, Mr Musk said most of the advertisers who left had returned and that the company might become cash-flow positive in the second quarter. In May, he hired a new CEO, Linda Yaccarino, an NBCUniversal executive with deep ties to the advertising industry. But since then, Twitter has upset some users by imposing new limits on how many tweets they can view in a day, and some users complained that they were locked out of the site. Mr Musk said the restrictions were needed to prevent unauthorized scraping of potentially valuable data. Twitter got a new competitor this month when Facebook owner Meta launched a text-focused app, Threads, and gained tens of millions of sign-ups in a few days. Twitter responded by threatening legal action. Read More Elon Musk doppelganger fights fake Mark Zuckerberg in preview of cage match Twitter starts making payments to its controversial users, including $20k to Andrew Tate Threads: Elon Musk posts series of explicit tweets about Mark Zuckerberg

President Joe Biden is scheduled to meet with business leaders and experts on artificial intelligence as his administration

The story missions won't be coming for a while yet.

TORONTO--(BUSINESS WIRE)--Aug 2, 2023--

Andrew Tate weighed in on the ongoing feud between Logan Paul and Dillon Danis as the latter shared previously unseen pictures of Nina Agdal

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Yellen said the U.S. wants a dynamic and healthy global economy “that is open, free, and fair,” not one that forces countries to take sides.

Google has warned users that their Gmail accounts may start to be deleted. The company says it is giving affects users plenty of time to ensure they are able to secure any accounts they want to retain access to. The mass deletion will begin at the start of December, and apply only to inactive accounts. The company says it is doing so for safety, since old accounts may represent a security risk. Google considers an account to be inactive if people do not log in within two years. Logging in includes not only looking at the Gmail inbox but also using that same login to watch YouTube or make Google searches, or downloading apps from the Play Store. Accounts that have money in them in the form of gift cards will also be kept open, Google has said. Google warned in May that it would start deleting accounts. It said that it was doing so because those inactive accounts were more likely to be compromised, and could be used for other online crime. “This is because forgotten or unattended accounts often rely on old or re-used passwords that may have been compromised, haven’t had two factor authentication set up, and receive fewer security checks by the user,” said Ruth Kricheli, Google’s vice president for product management, at the time. “Our internal analysis shows abandoned accounts are at least 10 times less likely than active accounts to have 2-step-verification set up.” Those attackers can then use that account to send spam email or steal people’s identities, the company warned. But it is now sending emails to those affected, giving them a warning that they could soon lose access to their account, noted Bleeping Computer. It tells users that it is doing so “to protect your private information and prevent any unauthorized access to your account even if you’re no longer using our services”. The messages will be sent not only to the actual Gmail account in question, but also to any recovery email addresses that have been provided. Users will given at least eight months’ warning before their accounts are removed, Google says. Once an account is deleted, the email associated with it will no longer be eligible for use, so that people will not be able to steal old and now recovered addresses.

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Amid fears its original release date was falling in a cramped week for fresh titles, ‘Alan Wake 2’ will now come out 10 days’ later than planned.

ULSAN, South Korea--(BUSINESS WIRE)--Jul 5, 2023--