Elon Musk has warned of dire financial challenges facing Twitter, the social media company he took over for $44 billion in October. WSJ’s Mark Maurer explains how the company is trying to fix its finances and avoid a potential bankruptcy.
Vocabulary:
• tough
Difficult to do or to deal with.
• assessment
The process of considering all the information about a situation or a person and making a judgement.
• filing
The activity of putting documents, electronic information, etc. into files.
• burden
Something difficult or unpleasant that you have to deal with or worry about.
• to swell
To increase in size or amount.
• to slash
To very much reduce something.
• funds
Money, often money for a specific purpose.
Source: Wall Street Journal