Twitter would turn a profit in the middle of the year

New York (EFE).- Elon Muskwhich bought Twitter last October for $44 billion, said on Tuesday that the social network could be “cash flow positive” in the next quarter.

“I don’t want him to deceive me, but I think we have a chance for that have a positive cash flow in the next quarter“, the billionaire pointed out in an interview at a Morgan Stanley event that was broadcast online.

This change in the number of platforms would be due to a increase in the number of users on social networks and cost reduction.

Since Musk took over there were mass layoffs in the company and even auctions of office supplies.

According to Musk, Twitter is the “number one” news app in the world. has 500 million active users and 250 million daily users.

This was indicated by the director of Tesla and the founder of SpaceX right now Twitter makes about 5 or 6 cents an hour of that time and that his goal is to earn between 10 and 25 cents.

Musk too He talked about the problems the platform had this Monday when users were unable to see content posted online and explained that the service outage occurred after they attempted to make a change that should only affect 1% of users.

“What should have been a small change in 1% of Twitter’s user base, it ended up being a disastrous change to 100% of the core user base“, I note.

Likewise, Musk explained that it is Twitter engineers are working to simplify the code Twitter software.