X could lose $75 million in ad revenue because of Elon Musk

X could lose 75 million in ad revenue because of


Last week the technology giant Apple And IBM Giant companies such as Advertising on X, owned by Elon Musk had stopped.

One of the most important technology companies in the world, based in the USA Apple And IBM, Along with some other companies, Elon Musk responded to an antisemitic post and wrote it as “gospel truthAfter describing it as ” Stopped advertising on X completely. X CEO, who recently shared an article on this subject Linda YaccarinoApple and other companies due to a misleading and manipulated article He said that he stopped the ads temporarily, not permanently. Initiating a legal fight on the issues that caused the advertisements to be stopped Musk And Yaccarino, According to the latest news from The New York Times, they may take a serious financial hit. Because after the recent developments, more than 100 companies stopped advertising on X and this It is reported that it will mean a loss of 75 million dollars. If advertisers, including companies such as Airbnb, Netflix, Microsoft and Ubisoft, do not come back, the company’s advertising revenue loss may increase more than expected.

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Recently Media Matters According to a report published by some companies, their ads on X contain far-right conspiracy theories and anti-Semitic content. He is also very uncomfortable with it being shown along with his posts. Elon Musk and Linda Yaccarino, who lost a significant number of advertisers with the steps they took after the acquisition, but later recovered from this situation, are taking the legal step we mentioned above by directly filing a major lawsuit against Media Matters.

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