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Twitter sued over $230k unpaid bills

businessinsider.com

7 points by mska 3 years ago · 2 comments

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sergiopreira 3 years ago

Well, they don't seem to want revenue... the amount of comments I've seen of ads staying in pending, and not being able to advertise...

Drop in the ocean though. Pocket change for Elon.

  • Zigurd 3 years ago

    Depends on the pocket. Twitter is cash starved. Pushing it over the brink could mean Elon faces the choice of a really unpleasant down round that could value current equity at zero, or bankruptcy, in which case the banks might take possession and find a caretaker to clean up the mess and get it ready to sell. I would bet Elon has already made loans to Twitter.

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