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Elon Musk told the BBC in April that "almost all advertisers have come back to Twitter." Ad revenue from April 1 to the first week of May was down 59% from a year earlier, NYT reported. Brands and agencies continue to limit spending on the platform over misleading and hateful content. While Elon Musk claims that "almost all advertisers have come back to Twitter," some still don't want anything to do with the company's CEO. He has deployed an array of bizarre tweets, from antisemitic conspiracy theories to anti-transgender content and anti-vaccine misinformation.
Persons: Elon Musk, Jason Kint, Musk, Nina Chen, AJ Brown, Chen, Brown, George Soros, Ted Deutch, Twitter Organizations: BBC, Twitter, Brands, Elon, New York Times, Digital, Times, Engineering, Brand, American Jewish Committee
SEC Climate Rule Won’t Demand Extensive Reporting From Small Businesses, Gensler Says Public companies wouldn’t be required to ask small private suppliers to report on their carbon footprints, the SEC chairman said, responding to concerns about compliance costs. The Morning Risk Report The Justice Department targets executive pay, probationary deals to curb corporate crime, and Biden orders deeper scrutiny of foreign investment in tech and supply chains. Also, SEC climate rule won’t demand extensive reporting from small businesses, Gensler says. Cryptocurrency Exchange Gemini Names Insider as Compliance Chief Christopher Mariadason’s promotion is the latest change in the company’s risk and compliance team in recent months. U.S. Banking Regulator Appoints New Climate Risk Chief Nina Chen, trained as a chemical engineer, joins the Office of the Comptroller of the Currency after leading the newly-created climate division at New York’s financial regulator.
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