Birdwatch Note Rating
2023-10-08 15:36:35 UTC - HELPFUL
Rated by Participant: DEADC30320E8E321DC10F8FD6A9AAE96E364EFD105E85FFAD2EE026C82792A97
Participant Details
Original Note:
Bloomberg did not report that X is cash flow positive. The article in question merely reported that X CEO Linda Yaccarino claims it is if debts are excluded. This is itself a nonsensical statement, as cash flow calculations explicitly include debt. https://www.bloomberg.com/news/articles/2023-10-05/x-tells-bankers-that-advertisers-are-back-but-spending-less https://www.investopedia.com/ask/answers/05/060105.asp#:~:text=Positive%20cash%20flows%20mean%20that,flowing%20out%20than%20coming%20in
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