Elon Musk's social media platform X has sued a group of advertisers, alleging that a 'massive advertiser boycott' deprived the company of billions of dollars in revenue and violated antitrust laws.
Elon Musk 's social media platform X has sued a group of advertisers, alleging that a 'massive advertiser boycott' deprived the company of billions of dollars in revenue and violated antitrust laws.The company formerly known as Twitter filed the lawsuit Tuesday in a federal court in Texas against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.
House Judiciary Committee which she said showed a 'group of companies organized a systematic illegal boycott' against X.The Republican-led committee had a hearing last month looking at whether current laws are 'sufficient to deter anticompetitive collusion in online advertising.' The lawsuit's allegations center on the early days of Musk's Twitter takeover and not a more recent dispute with advertisers that came a year later.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk accepts Venezuelan President Nicolas Maduro’s challenge to a fightPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Elon Musk’s Experimental School In Texas Is Now Looking For StudentsSarah Emerson is a senior writer who reports on technology companies and culture in Silicon Valley. She's broken news about the empires of billionaires such as Eric Schmidt and fallen billionaire Ryan Breslow. Sarah has also followed the trends and ideologies shaping today's AI zeitgeist.
Read more »
Elon Musk accepts Venezuelan President Nicolás Maduro's challenge to fightElon Musk accepted Nicolás Maduro's challenge to fight, simply writing: 'I accept.' Maduro appeared to be miffed over Musk doubting he won the election in Venezuela fairly.
Read more »
Google dismisses Elon Musk's claim that autocomplete engaged in election interferenceKarissa is a senior reporter at Engadget, covering Meta, Twitter, TikTok, Snap and all things social media. Her interests include tech policy, internet culture, and all the ways our online activities shape our IRL selves.
Read more »
The Morning After: Google dismisses Elon Musk’s claim that autocomplete interfered in the electionMat Smith heads up Engadget’s daily newsletter from London, UK. He has worked at Engadget for over a decade and has covered console gaming, flagship smartphones, the Apple Watch and fitness tech that promises to make him faster or stronger. He’s currently learning how to backflip.
Read more »
Gov. Newsom vows new AI regulations after Elon Musk retweets fake Kamala Harris videoThis is the latest online beef in a series of political drama between Newsom and Musk
Read more »