Elon Musk’s X sues ad industry group over alleged advertising ‘boycott’

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Elon Musk’s X has accused a group of major advertisers of antitrust violations in a new lawsuit claiming the group conspired to “boycott” against advertising on the platform.

Elon Musk’s X has accused a group of major advertisers of antitrust violations in a new lawsuit claiming the group conspired to “boycott” advertising on the platform. The lawsuit claims an influential ad industry group organized “to collectively withhold billions of dollars in advertising from Twitter” because the group was concerned that the platform had deviated from brand safety standards after Musk’s acquisition in late 2022.

members, adding that the loss in advertising dollars placed the company “at long-term risk.” ’s brand safety standards, including by withholding advertising from social media platforms deemed by

 

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

 /  🏆 393. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines