#revenue-drop

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Theregister
7 months ago
Artificial intelligence

An established AI player is in trouble despite the hype

Appen, an Australian AI developer, experienced troubles and a significant drop in its share price due to a fall in digital ad spending post-COVID.
Despite a growing demand for AI training data, Appen couldn't capitalize on it and reported a 24% revenue drop in August 2023. [ more ]
www.independent.co.uk
8 months ago
UK news

Well-known nightclub chain announces closure of eight bars

A chain of bars in England is closing eight sites due to the financial strain on younger customers.
Despite reporting a successful Christmas trading period, Revolution Bar experienced a drop in revenue for the six months leading up to December. [ more ]
WIRED
10 months ago
Online marketing

A Watchdog Group Calls for an Investigation of X's Sneaky New Ads

Check My Ads has filed a complaint with the FTC, accusing X of deceptive advertising.
Unlabeled ads on X's platform could lead to a rise in scams.
X's revenue is expected to drop by 54% this year. [ more ]
Mashable SEA | Latest Entertainment & Trending
3 months ago
Tech industry

Elon Musk's X revenue has officially plummeted, new documents show

Elon Musk plans to transform X into an 'everything app' with a payment platform similar to PayPal or Venmo. [ more ]
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