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Musk is struggling to get Twitter’s financials to work. Will he succeed?

Published

2 years ago

on

Twitter

Elon Musk has been tweeting a lot recently, and in many of his tweets he is trying to brag about his new expensive toy: Twitter. It is $44 billion Dollar expensive, to be precise, and Musk is keen to get engagement figures on the platform to increase. He is even more eager to get people to sign up and pay $8 a month to buy the Twitter blue check mark. Well, it is not necessarily going as he intended, as many users are migrating to other platforms, to the extent that some of those other platforms have temporarily suspended new signups due to overload.

Musk is fighting hard to get Twitter to generate revenue, even though he wants to reduce the role of advertisement in generating income. And there are several reasons why he wants to generate positive cash flow from Twitter very quickly.

The first reason has to do with the amount of debts that Twitter currently owes to creditors. Before the acquisition took place, Musk already owned more than 9 percent of Twitter’s shares, so he only had to buy the rest in his acquisition deal which he could not back out of. In order to partially finance the deal, he had to sell $15.5 billion worth of shares in Tesla, whose share CFDs you can trade with a renowned broker like easymarkets.com.

Institutional and individual investors

The rest of the money came from different sources. Investment funds and institutional investors like Qatar Holding, which is under the control of Qatar’s sovereign wealth fund, the Qatar Investment Authority, contributed with funds. Individual investors like Alwaleed Bin Tala and Larry Ellison, the co-founder of software company Oracle, also contributed. The latter wrote a $1 billion cheque to buy shares in the social media company.

Loans

Yet, Musk is probably not worried about the money raised from investors. He is rather concerned about the loans raised to complete the payment of $44 billion. Loans from banks amounted to $13.5 to fund the purchase. Those banks include Japanese banks Mitsubishi UFJ Financial Group and Mizuho, Barclays and the French banks Societe Generale and BNP Paribas, among others.

Those loans have interest payments attached to them, and in such a high interest rate environment, this debt service periodic payment is likely to be huge. According to some estimates, those payments could amount to $1 billion per year. No wonder Musk is tweeting and trying to hype up the platform.

What the future holds for Twitter

At the end of last year, and based on publicly available documents, Twitter already owed more than $4 billion in long term debt – and that is before the acquisition. In the first half of 2022, it seems that the company operated at a loss. Bringing the company back to the private sphere will also close an available avenue for funding in case troubles begin to brew (if they haven’t begun to do so already).

Risks are mounting, and it is unlikely that subscriptions will compensate for the drop in revenues from advertisement, due not only to Musk’s intentions to reduce reliance on ads, but also due to many companies holding back on using the platform for promoting their products and services. Whether Musk will be able to achieve a turnaround is yet to be seen. Even if he does, it will have to be a really big and impressive one. Musk should perhaps tweet less and focus on strategy more.

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India News

Airtel launches IPTV service across 2000 cities with plans starting at Rs. 699

Airtel has launched IPTV services across 2000 Indian cities, offering bundled OTT apps, Wi-Fi, and 350+ TV channels, starting at Rs. 699 per month.

Published

2 weeks ago

on

March 26, 2025

By

airtel

Bharti Airtel has rolled out its new IPTV service in over 2000 cities across India, aiming to provide users with a unified entertainment experience through the large screen. The service, which includes bundled Wi-Fi, OTT apps, and live TV channels, is available for both new and existing Airtel broadband users, starting at Rs. 699 per month.

How to access Airtel IPTV

New subscribers can get started by purchasing a new Airtel Wi-Fi plan through the company’s website or by visiting a nearby store.
Existing Airtel Wi-Fi users have the option to upgrade to IPTV services via the Airtel Thanks app or by heading to any Airtel store.

Features and plan details

Airtel’s IPTV offering includes access to more than 600 live TV channels and a wide catalog of on-demand content from 29 leading OTT platforms such as Netflix, Amazon Prime Video, Apple TV+, SonyLIV, and ZEE5.

The company is also offering up to 30 days of free service as part of an introductory promotion, claimable through the Airtel Thanks app.

Tariff details:

PlanWi-Fi SpeedOTT PlatformsTV Channels
Rs. 69940 Mbps26 apps350 channels
Rs. 899100 Mbps26 apps350 channels
Rs. 1099200 Mbps28 apps (incl. Apple TV+, Prime)350 channels
Rs. 1599300 Mbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels
Rs. 39991 Gbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels

Availability and rollout plans

Currently, the service is accessible across most of India, except in Delhi, Rajasthan, Assam, and the Northeastern states, where it will be introduced in the coming weeks. Airtel confirmed that more rollout updates will be shared shortly.

Siddharth Sharma, CEO – Connected Homes and Chief Marketing Officer at Bharti Airtel, shared his views on the launch, emphasizing the company’s commitment to delivering an enhanced viewing experience for Indian households.

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Gadgets

Vivo T4 5G likely to launch in April: Expected price, features and specifications revealed

Vivo is reportedly planning to launch the T4 5G in India by April 2025. Expected to offer a Snapdragon 7s Gen 3 processor, 7,300mAh battery, and up to 12GB RAM, it aims to build on the success of the T3 5G.

Published

2 weeks ago

on

March 25, 2025

By

Vivo T4 5G expected to launch in India with new features

Vivo is gearing up to launch its next mid-range smartphone, the Vivo T4 5G, in India. According to recent reports citing a known tipster, the device could make its debut as early as April 2025, succeeding the Vivo T3 5G which was introduced in March last year. While the brand is yet to make an official announcement, early details have surfaced highlighting the expected pricing, specifications, and key upgrades.

Vivo T4 5G expected price and variants

The upcoming Vivo T4 5G is expected to fall in the Rs 20,000 to Rs 25,000 price bracket. The smartphone is likely to be available in three configurations:

  • 8GB RAM + 128GB storage
  • 8GB RAM + 256GB storage
  • 12GB RAM + 256GB storage

For reference, the Vivo T3 5G was launched at Rs 19,999 for the base 8GB + 128GB model and Rs 21,999 for the 8GB + 256GB variant. The addition of a higher 12GB RAM option suggests Vivo may be targeting power users this time around.

Key specifications and upgrades expected in Vivo T4 5G

The Vivo T4 5G is rumored to feature a 6.67-inch full-HD+ AMOLED quad-curved display with a 120Hz refresh rate, promising a premium viewing experience. It may run on Android 15-based Funtouch OS 15 and could be powered by the Snapdragon 7s Gen 3 chipset.

In terms of photography, the device is tipped to sport a 50MP Sony IMX882 primary camera with OIS, along with a 2MP secondary sensor. The front camera is expected to be a 32MP shooter, aimed at enhancing selfie performance.

One of the notable upgrades could be the inclusion of a 7,300mAh battery with 90W wired fast charging support, which would be a significant step up in battery capacity and charging speed for the segment. Additional features may include an in-display fingerprint sensor, IR blaster, and a sleek 8.1mm profile with a weight of 195g.

With the launch likely around the corner, more details are expected to be revealed by Vivo in the coming weeks.

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Gadgets

iQOO Z10 with 7300mAh battery to launch in India on April 11

iQOO has confirmed the launch of Z10 in India on April 11, featuring a 7300mAh battery, which it claims is the biggest ever in the country.

Published

3 weeks ago

on

March 21, 2025

By

iQOO Z10 official teaser showing back panel with round camera housing

Vivo’s sub-brand iQOO has officially confirmed the launch date of its next smartphone for the Indian market, the iQOO Z10, which is set to make its debut on April 11, 2025. The highlight of this upcoming device is its massive 7300mAh battery, which the company claims is the largest ever in an Indian smartphone.

The brand took to social media to announce the Z10, highlighting it as a phone designed for “mega taskers,” aiming to deliver longer battery life for users with heavy usage patterns. This large battery makes it a significant upgrade over the iQOO Z9, which came with a 5,000mAh battery and 44W fast charging.

First look reveals a bold design change

Alongside the launch date announcement, iQOO also revealed the first official teaser image of the Z10. The teaser shows off a marble-like back panel in white and a round camera housing, a notable departure from previous iQOO designs, with some resemblance to Realme’s design aesthetics. More color variants are expected to be unveiled at the launch.

While detailed specifications remain under wraps for now, the Z10 is expected to follow in the footsteps of the Z9, which impressed users with its MediaTek Dimensity 7200 chipset, 50MP Sony IMX882 camera with OIS, and 120Hz AMOLED display.

A quick look back at iQOO Z9

The iQOO Z9 was launched at under ₹20,000 with notable features like:

  • 6.67-inch 120Hz AMOLED display
  • Dimensity 7200 SoC
  • 8GB RAM with up to 256GB storage
  • 50MP Sony IMX882 main camera with OIS
  • 5,000mAh battery with 44W fast charging
  • Funtouch OS 14 based on Android 14

Following its launch, the Z9 series expanded with variants like the iQOO Z9x, Z9 Lite, Z9s, and Z9s Pro.

With the Z10, iQOO aims to set a new benchmark in battery performance, catering to a growing segment of users looking for ultra-long battery life without compromising on performance.

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