"Elsevier incurred costs of around £1.7 billion last year, which included investment to develop new technology and for improving services."
Let that sink for a min. $1.7B expenses ($2.7B revenue and $1B profit) and they expect us to believe they're developing any sorts of technology.
Alex Bisson
Elsevier costs were ~£1.7B in 2025 newsletter.journalology.com/p/elsevier-2...
Compare that to arXiv 👇
