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With its huge new debt burden, Twitter makes less money per year than what it owes its lenders in interest
Tuesday November 1, 2022. 09:50 PM , from BoingBoing
No wonder Musk is trying to squeeze $8 a month from Stephen King. Twitter is bleeding money.
From the New York Times: Last year, Twitter's interest expense was about $50 million. With the new debt taken on in the deal, that will now balloon to about $1 billion a year. — Read the rest
https://boingboing.net/2022/11/01/with-its-huge-new-debt-burden-twitter-makes-less-money-per-year-th...
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