Twitter in Turmoil a Year After Musk Takeover
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A year after Musk's takeover, X is bleeding money and users with advertising revenue down 60% and active users down 30%.
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X has lost its blue checkmark verification system and content moderation, leading to more misinformation.
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Musk's vision to transform X into an "everything app" remains unclear and unfinished.
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X's identity and purpose as a useful platform for news is diminished under Musk.
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Financial struggles continue with advertising revenue only half of last year and ongoing negative cash flow.