Friday, January 9, 2026

Filings: X's UK revenue fell 58.3% YoY from £69.1M in 2023 to £28.9M in 2024; pre-tax profits fell from £2.2M in 2023 to £767,000 in 2024 (Mark Sweney/The Guardian)

Mark Sweney / The Guardian:
Filings: X's UK revenue fell 58.3% YoY from £69.1M in 2023 to £28.9M in 2024; pre-tax profits fell from £2.2M in 2023 to £767,000 in 2024  —  Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...