It was always losing tons of money. Nothing changed there.
The amount of money it's losing now is a LOT more. Advertising is down 70%, so someone definitely noticed a difference. Also they are now $13 billion in debt, owing a billion a year just on interest.
This is a most excellent place for technology news and articles.
It was always losing tons of money. Nothing changed there.
The amount of money it's losing now is a LOT more. Advertising is down 70%, so someone definitely noticed a difference. Also they are now $13 billion in debt, owing a billion a year just on interest.