X UK revenue drops 60% amid advertiser exodus
Elon Musk's X sees UK revenue fall nearly 60% in a year as brands pull ads over content safety. Profits plummet and Grok AI tool faces restrictions after outcry.
Category : Search result: social media profits
Rokos Capital Management profits surge 40% to $720m
Rokos Capital Management sees profits soar to $720m after a stellar performance by its flagship macro fund. Discover how the London-based hedge fund achieved this impressive growth.
X UK Profits Slump 65% as Advertisers Flee
Turnover at Elon Musk's X in the UK collapsed from £69.1m to £28.8m in 2024. The platform faces a brand safety crisis and political pressure. Read the full financial breakdown.
Next's bumper Christmas but warns of tough 2026
Retail giant Next reports a 10.6% sales surge over Christmas, raising its profit forecast to £1.15bn. However, it cautions of a tough year ahead amid a worsening UK jobs market. Read the full analysis.
Next profits to exceed £1.1bn after festive surge
Next upgrades profit forecast after UK sales rise 5.9% over Christmas. The retailer warns of slower growth ahead amid UK employment pressures. Read the full analysis.
Free prescriptions for care leavers, but reforms fall short
New support for young adults leaving care in England includes free prescriptions and eye tests. However, experts warn deep-rooted problems in children's social care persist. Read the full analysis.
Unilever's Vaseline Bets Big on TikTok Creator Economy
Unilever is shifting half its ad budget to social media after Vaseline's viral TikTok life hacks, from cleaning shoes to fixing squeaky doors. Discover the 'social listening' strategy reshaping advertising.
Clifford Chance's best-paid partner got £7m last year
The highest-earning partner at magic circle law firm Clifford Chance was paid over £7m last year, new filings show. Explore the firm's financial performance and partner pay structure.
Queensberry profits soar to £11.2m after big fights
Tyson Fury's promoters, Queensberry, report a profit jump to over £11m, driven by major bouts like Dubois vs Joshua at Wembley. Discover the financial impact of boxing's new era.
Real UK Social Media Personalities Beat AI-Generated Content
Discover how authentic UK creators like 'Bus Aunty' and a Cotswolds gardener are winning millions of followers as an antidote to AI-generated social media content.
Pfizer spent 18% on R&D, 27% to shareholders in 2024
Analysis reveals US pharma giant Pfizer allocated more revenue to shareholders than R&D in 2024, as Trump's drug price rhetoric targets allies over corporate profits. Explore the real drivers of high US medicine costs.
Derbyshire Care Home Closures Spark 'Betrayal' Claims
Derbyshire County Council's plan to shut eight residential care homes after a failed sale has been called a 'betrayal', putting over 200 jobs in jeopardy. Read the full story.
Pinsent Masons' best-paid partner sees remuneration fall to £1.27m
The highest-earning partner at law firm Pinsent Masons received £1.27m last year, a significant drop from £1.7m, as firm profits softened. Discover the financial details and strategic outlook.
UK Weighs Australia-Style Social Media Ban for Under-16s
Prime Minister Keir Starmer is reportedly assessing an Australian policy that bars under-16s from platforms like TikTok and Instagram. Could the UK follow suit? Read the latest.
Govt advisor: Starmer lacks social mobility strategy
The chair of the Social Mobility Commission warns Keir Starmer has no coherent plan to tackle entrenched inequalities, as youth unemployment hits a three-year high. Read the exclusive report.
Trump's Truth Social: A Window Seen by Just 3% of Americans
As Donald Trump governs via Truth Social, a platform used by only 3% of US adults, crucial details about policy, mental state, and erratic behaviour risk going unseen by the public. Explore the implications.
WH Smith targets ex-bosses' bonuses after £50m accounting error
WH Smith's profits plummet to £16m as the FCA launches a formal investigation. The retailer is attempting to recover £7m in bonuses from former executives. Read the full story.
Macfarlanes Partner Takes Home Record £5m Pay Packet
A top partner at elite City law firm Macfarlanes earned a record £5m last year, as profits soar and pay for senior lawyers reaches new heights. Discover the figures behind the UK's legal pay boom.
BP names first female CEO in major leadership shake-up
BP appoints Meg O'Neill as its first female chief executive to accelerate a strategic pivot back to oil and gas. Discover the investor pressure driving this historic change.
Australia's Under-16 Social Media Ban Explained
Australia plans to ban social media for under-16s. Our guide explains when it starts, which apps are included, and how it will work. Stay informed on this major policy shift.
Five Teens Challenge Australia's Under-16 Social Media Ban
Five Australian teenagers are legally challenging a new law banning under-16s from social media. Explore the landmark case, its arguments, and the global implications for digital rights.
Australia's Under-16 Social Media Ban Begins Next Week
Australia enacts one of the world's toughest social media bans for under-16s from next Wednesday. The law, sparked by tragedy, aims to protect mental health but faces fierce opposition. Could the UK follow?
Australia's Tough New Social Media Ban for Under-16s
Australia enforces one of the world's strictest social media bans for children under 16 this week. We explore the mental health crisis behind the law, its impact on young influencers, and the fierce debate it has ignited.
Australia's Under-16 Social Media Ban Begins Next Week
Australia enacts one of the world's toughest social media bans for under-16s next Wednesday, aiming to protect children from addiction and cyberbullying. The landmark law sparks fierce debate.
Australia's Under-16 Social Media Ban: Key Details
Australia's landmark social media ban for under-16s starts 10 December. Here's how it will work, which platforms are included, and what it means for users. Get the full explainer.
Kids' Parties: The Social Cure for Modern Society
As society grows more isolated, children's birthday parties offer a vital chance to forge real-world connections, despite the chaos and sugar-fuelled mayhem. Discover why these events are essential.
Hotel Profits Fall as Costs Rise in UK and London
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
Thames Water profits leap as funding crisis looms
Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.
AI accounts on TikTok get billions of views
A new report reveals hundreds of AI-focused TikTok accounts are spreading anti-immigrant and sexualised content, garnering billions of views. Discover the findings and TikTok's response.
Australia's Social Media Ban for Teens Begins 10 Dec
Australia's world-first social media ban for under-16s starts 10 December. We explain which platforms are included, how age checks work, and if a delay is possible. Get the full details.
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