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“Difficult Times Ahead”: Musk Says Twitter Bankruptcy Possible As FTC Expresses “Deep Concern”

Twitter boss Elon Musk told employees at a recent all-hands meeting that the company is losing so much money that “bankruptcy is not out of the question,” according to The Information. Twitter, which hasn’t turned a profit since 2019, has seen a “massive drop” in revenue according to Musk, as advertisers step back from spending campaigns. Musk also suggested during […]