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— - 3 GARM - 3 Ørsted - 3 Jim Jordan - 3 colluded - 2 Musk - 2 Rumble - 2 Ørsted didn't - 2
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WFA - 5 Unilever - 4 Mars - 3 Global Alliance - 3 Responsible Media - 3 Service - 3 Business - 3 World Federation - 2

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6 mentions found


☆ Texas judge in X's lawsuit against advertisers recuses himself after report he owned Tesla stock
  + stars: | 2024-08-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com   time to read: +1 min
The judge overseeing X's lawsuit against advertisers has recused himself following a news report that showed he owned shares of Tesla . In a recusal notice dated Aug. 13, U.S. District Judge Reed O'Connor in Texas backed out of X's case against the World Federation of Advertisers, which was filed last week. X, formerly known as Twitter, is owned by Elon Musk, who is also the CEO and largest shareholder in Tesla. On Monday, NPR reported that O'Connor had owned shares of Tesla in 2022, the date of his last available disclosure, posing a potential conflict of interest. In X's lawsuit, the company accused a number of advertisers of engaging in antitrust behavior when they stopped ad campaigns on the site.
Persons: District Judge Reed O'Connor, Elon Musk, O'Connor, weren't, Ed Kinkeade, Sen, John Cornyn Organizations: Tesla, District, World Federation, Elon, NPR, Companies, Unilever, Mars, CVS Healthcare, Orsted, WFA, Global Alliance, Responsible Media, X, Media Matters, America Locations: U.S, Texas, Tesla, Europe, North Texas, China
☆ The Global Alliance for Responsible Media is 'discontinuing' after Elon Musk's X filed an antitrust lawsuit against it
  + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com   time to read: +4 min
Read previewThe advertising trade group The World Federation of Advertisers told its members on Thursday that it was "discontinuing" activities for its Global Alliance for Responsible Media initiative following an antitrust lawsuit filed by Elon Musk's X against the company earlier this week. This story is available exclusively to Business Insider subscribers. AdvertisementRepresentatives for the WFA and GARM didn't immediately respond to requests for comment from Business Insider. The platform's lawsuit alleged that after Musk acquired Twitter in 2022, GARM persuaded top brands not to advertise on it. The Committee has been investigating whether GARM members illegally colluded to demonetize conservative platforms and voices.
Persons: —, Elon Musk's, Stephan Loerke, Loerke, GARM, colluded, Ørsted, GARM didn't, Linda Yaccarino, wasn't, Musk, Jim Jordan, Russell Dye, Rumble, X didn't Organizations: Service, Federation, Global Alliance, Responsible Media, WFA, Business, Twitter, Unilever, Mars, CVS, WPP Locations: Texas, US, Ohio
☆ Elon Musk has a weak case against advertisers — but he's playing the long game
  + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com   time to read: +9 min
Read previewOn Tuesday, Elon Musk's X fulfilled his promise to sue advertisers over their boycotting of the platform. GARM creates frameworks to provide common definitions around areas like hate speech and misinformation; it's voluntary whether advertisers use them. It doesn't rank platforms on these issues, and its role isn't to advise advertisers on where to spend their dollars. US advertisers are also protected by the First Amendment to spend or not spend on whichever media platforms they please. If the X suit moves into the discovery phase, there could be a whole lot more.
Persons: —, Elon Musk's X, X, Ørsted, Musk, Ruben Schreurs, Ørsted didn't, GARM, Jim Jordan, colluded, WPP's GroupM, Rob Rakowitz, Rumble, Jamie Barnard, Jim Jordan of Ohio, Win McNamee, Jordan, Brian Wieser, Wieser Organizations: Service, Federation, Global Alliance of Responsible Media, Twitter, Unilever, Mars, CVS, Business, WFA, Republican, Procter, Gamble, WPP's, Committee, Verizon, Chanel, PepsiCo, WPP, Media, Madison Locations: Texas, Ohio
☆ Wildlife forensics: how recreating animal crime scenes could help catch poachers
  + stars: | 2024-07-11 | by ( Nell Lewis | ) edition.cnn.com   time to read: +7 min
Across the world, wildlife crimes – including animal trafficking and poaching – are on the rise and are a major threat to the planet’s biodiversity. Often, he says, wildlife crimes happen in remote areas without witnesses and first responders can accidentally disrupt the scene and contaminate evidence. Once the crime scene has been investigated, the students are taught how to chemically analyze the evidence at an on-site laboratory. “We have so many poachers that have walked free in court because rangers didn’t collect enough evidence. In the first quarter of this year, IFAW reported 32 wildlife crime cases being presented in court and 24 people accused of wildlife crimes awaiting prosecution.
Persons: Greg Simpson, isn’t, “, ”, Jo Munnik, Phil Snijman, ” Mkhabela, IFAW, Kevin Pretorius, Simpson Organizations: CNN, Initiative, Wildlife Forensics Academy, WFA, CSI, International Fund for Animal Welfare, Kenya Wildlife Service, Green Law Foundation, High Locations: Cape Town , South Africa, Africa, South Africa, KwaZulu, Natal, iMfolozi, Greater Kruger, “, Malawi, Botswana
☆ An intensifying Republican-led legal campaign alleging big advertisers colluded to defund conservative media is rankling the ad industry
  + stars: | 2024-05-29 | by ( Lara O'Reilly | ) www.businessinsider.com   time to read: +8 min
The Judiciary Committee's probe has sought documents related to discussions about advertising on "The Joe Rogan Experience" podcast. GARM and its members developed a "brand safety floor and suitability framework" for the industry to adopt. Jordan and the House Judiciary Committee issued wide-ranging subpoenas to both GARM and the WFA last year as part of the probe. The CEOs were also told to preserve all existing and future records related to their companies' work with GARM. Advertisement"GARM's members and board members are senior advertisers," a marketing executive close to GARM said.
Persons: —, Jim Jordan, GARM, Sherman, Jordan, Ørsted, Joe Rogan, Elon, Vivian Zink, Ørsted didn't, Rob Rakowitz, Unilever —, Breitbart, Joe Rogan's, Ben Shapiro, Michael Brochstein, Jim Jordan's, Lou Paskalis, Ad Fontes Media's Paskalis, Paskalis Organizations: Service, Global Alliance, Responsible Media, Business, Spotify, Syfy, NBCU, Getty, World Federation, YouTube, WFA, Diageo, GroupM, Procter, Gamble, Unilever, Steer Team, Fox News, Daily, Republican, Federalist, US Department of State, Ad Fontes Media Locations: Ohio, GARM, Jordan, Texas
☆ Premarket stocks: The forgotten rescue plan that could prevent another SVB-like collapse
  + stars: | 2023-03-15 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
Bank stocks rebounded significantly on Tuesday after logging record plunges Monday and the week prior. Those banks will coordinate to take Fed loans around the same time on the same day alongside smaller banks. ▸ US bank stocks rebounded on Tuesday, recovering some of their losses after the collapse of three banks tested markets on Monday. Regional bank stocks rallied: First Republic (FRC) Bank ended the day up 27% after a record drop on Monday. The question is whether bank stocks can hold on to their gains or if Tuesday was just a sector-wide dead cat bounce.
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