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[email protected]English • 13 days ago

X’s UK profits collapsed the year after Elon Musk’s takeover

www.theguardian.com

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X’s UK profits collapsed the year after Elon Musk’s takeover

www.theguardian.com

@[email protected] to

[email protected]English • 13 days ago

8

X’s revenues and profits collapsed in the UK in the year after Elon Musk took over the social media platform, the company has admitted.

A decline in advertising spending amid concerns about “brand safety and/or content moderation” were cited as the reason for the fall, according to accounts filed this week to Companies House.

Twitter UK Ltd also narrowly averted being struck off last month for failing to file the accounts on time, according to other recent filings to Companies House. It only filed full accounts on Monday for 2023, the year in which it was rebranded as X after Musk’s takeover.

Chat

@[email protected]
link
fedilink
English
0•13 days ago
apparently advertisers don’t like it when you tell them to go fuck themselves.

have you seen elon’s 4chan leaks yet?
- @[email protected]
  link
  fedilink
  0•13 days ago
  They aren’t actually leaks, it’s just someone linking a user from a preexisting archive with zero evidence that it is Elon.
  - @[email protected]
    link
    fedilink
    English
    0•13 days ago
    dude, you’re ruining my counter-disinformation endeavour!

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