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  5. Elon Musk declares war on ad industry as X sues over illegal boycott

Elon Musk declares war on ad industry as X sues over illegal boycott

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Elon Musk's X Corp has filed a lawsuit against the World Federation of Advertisers and several large corporations, including Unilever, Mars, and CVS Health Corporation, alleging that they conspired to boycott the platform and withheld advertising revenue. The lawsuit claims that these companies, along with others, collectively withheld advertising revenue from X, resulting in significant losses. This action is reportedly in response to concerns about the platform's content moderation policies after Musk's acquisition of the company in 2022.

  1. US
    Elon Musk
    SpaceX
    1. We tried peace for 2 years, now it is war.
  2. US
    Linda Yaccarino
    Twitter/X
    1. People are hurt when the marketplace of ideas is constricted. No small group of people should monopolize what gets monetized.
    2. These organizations targeted our company and you, our users.

Elon Musk's Twitter Buyout

  1. Elon Musk sells X to xAI
  2. US Securities Regulator Sues Elon Musk Over Alleged Failure to Disclose Early Twitter Stock Purchase
  3. Elon Musk's X experiences significant outages amid user exodus to Bluesky alternative

sources

  1. 1.Al Jazeera
  2. 2.BBC
  3. 3.Ars Technica
  4. 4.New York Times
  5. 5.Reuters

perspectives

  1. 1.Tech industry
  2. 2.Social Media
  3. 3.Freedom of Speech
  4. 4.News media
  5. 5.Billionaire
  6. 6.Artificial Intelligence
  7. 7.Twitter Takeover by Elon Musk
  8. 8.Advertising Industry

countries

  1. 1.DenmarkDK
  2. 2.United StatesUS

organizations

  1. 1.CVS Health
  2. 2.Global Alliance for Responsible Media
  3. 3.Ørsted A/S
  4. 4.Twitter/XUS
  5. 5.UnileverUS
  6. 6.World Advertising Federation
  7. 7.X Corp
  8. 8.Center for Countering Digital Hate
  9. 9.Check My Ads Institute
  10. 10.House Judiciary Committee
  11. 11.Mars, Incorporated
  12. 12.Media Matters for America

persons

  1. 1.Elon MuskUS
  2. 2.Linda YaccarinoUS
  3. 3.Barack ObamaUS
  4. 4.Bill Baer
  5. 5.Christine Bartholomew
  6. 6.Rebecca Haw AllensworthUS

technicals

  1. 1.First Amendment
  2. 2.Clayton Act
  3. 3.Racketeer Influenced And Corrupt Organizations (RICO) Act
Elon Musk declares war on ad industry as X sues over illegal boycott