Elon Musk is being ridiculous. Companies are free to choose where to advertise

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 98%

United States News News

United States United States Latest News,United States United States Headlines

There really isn’t a mystery about why X’s revenues may be falling

t is less than a year since Elon Musk told advertisers who were shunning his social media site, X, that they could take their business elsewhere permanently. In fact, he encouraged them to do so. “Don’t advertise,”has become a poisonous sewer under Musk’s ownership – or even just those who merely regarded the site as the wrong place to promote soap and suchlike – could seek other venues. And X would thrive or fail without them.claiming it is the victim of an “illegal boycott” by advertisers.

“No small group of people should be able to monopolise what gets monetised,” argued X’s chief executive, Linda Yaccarino, as if companies should be compelled – by who? – to advertise on certain media outlets. Come on, you’re running a profit-seeking business, like most of the rest of the media world. If you can’t make the revenues stack up, that’s your problem.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk to relocate companies over gender identity law in California schoolsTech entrepreneur Elon Musk unveiled his plans to move south over laws he claims are 'attacking both families and companies'.
Source: SBSNews - 🏆 3. / 89 Read more »