Filings: X's UK revenue fell 58.3% YoY from £69.1M in 2023 to £28.9M in 2024; pre-tax profit fell from £8.5M in 2022 and £2.2M in 2023 to £767K in 2024
Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery
If any other platform was generating such massive quantities of sexual abuse material it would have been shut down and criminally investigated. — Ofcom must be given the power to restrict access until X begins to treat this scandal with the seriousness it deserves.