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☆ Elon Musk will meet with Israel’s president amid criticism over antisemitic post
▼ + stars: | 2023-11-27 | by ( Michelle Toh | Alex | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Elon Musk is expected to meet with Israeli President Isaac Herzog on Monday as he continues to battle a firestorm over his public endorsement of an antisemitic conspiracy theory on his social media platform, X. Even before the latest tumult, X had faced criticism for the prevalence of antisemitic discourse on its platform. In September, Musk threatened to sue the ADL for defamation, claiming that the group’s reports have hurt advertising sales on X. X has hit back against similar claims from progressive media watchdog Media Matters, which in an analysis earlier this month also highlighted antisemitic and pro-Nazi content on X. In an interview with CNN’s Wolf Blitzer on Sunday, Herzog spoke of the bittersweet moment seeing freed hostages reunited with their families.

Persons: Hong Kong CNN — Elon Musk, Isaac Herzog, Herzog, ” Musk, Tesla, Whites, ”, Musk, “, —, X, CNN’s Wolf Blitzer, ” Herzog, Blitzer Organizations: Hong Kong CNN, Monday, SpaceX, White, Twitter, Defamation League, Disney, IBM, Fox Sports, European Commission, Center, Media Locations: Hong Kong, Israel

☆ X may lose up to $75 mln by year-end on advertiser exodus - NYT
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +2 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsNov 24 (Reuters) - Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. X said on Friday $11 million in revenue was at risk and the exact figure fluctuated as some advertisers returned to the platform and others increased spending, according to the report. The platform's U.S. ad revenue has declined at least 55% year-over-year each month since Musk's takeover, Reuters previously reported. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, Elon Musk, Walt Disney, Adolf Hitler, X, Musk, Samrhitha, Devika Organizations: REUTERS, New York Times, Walt, Warner Bros Discovery, Media, Apple, Oracle, Nazi, The New York Times, Microsoft, U.S, Reuters, Thomson Locations: San Francisco , California, U.S, Bengaluru

X, the social media company formerly known as Twitter, could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns after its owner, Elon Musk, endorsed an antisemitic conspiracy theory this month. They list how much ad revenue X employees fear the company could lose through the end of the year if advertisers do not return. On Friday, X said in a statement that $11 million in revenue was at risk and that the exact figure fluctuated as some advertisers returned to the platform and others increased spending. The company said the numbers viewed by The Times were either outdated or represented an internal exercise to evaluate total risk. X is also running ad campaigns during the holiday period to try to make up for revenue shortfalls.

Persons: Elon Musk, Musk, X, Musk’s, Linda Yaccarino, ” Leesha Anderson, ”, Uber, Jack, Netflix’s, Chris Christie, it’s Elon Musk, Yaccarino, ” X, “, ’, Ms, “ Lean, Tiffany Hsu Organizations: The New York Times, IBM, Apple, Disney, X, Microsoft, The Times, Twitter, Netflix, Google, NBC Universal, NBC, Press, Republican, Media, National Football League, New York Times, Athletic Locations: ”, Gaza, Israel

☆ How climate change got sucked into the culture wars
▼ + stars: | 2023-11-23 | by ( Laura Paddison | Ella Nilsen | ) edition.cnn.com time to read: +11 min

For an example of how climate change is increasingly becoming a flashpoint in the culture wars, Germany is a good place to start. Meanwhile, Spain’s far-right Vox party vowed to defend the country against “the new climate religion.”But to understand why climate change and the culture wars have become so enmeshed globally, experts say the United States probably holds the key. It’s effective, it does scare people.”The origins of the climate culture war in the US lie in the early 1990s, when a new push for global climate action collided with big geopolitical change, McCright said. Lightning rod for right wing mediaConservative media has played an outsized role in fueling culture war narratives, according to experts. Fox has “been laying the groundwork necessary for positioning climate policies as a culture war issue for a long time,” she said.

Persons: —, stoked, ”, Miranda Schreurs, Anger, Green, Kristin Brinker, Jörg, Stephan Lewandowsky, Rishi Sunak, “, ” Sunak, Vox, Ron DeSantis, ” DeSantis, Aaron McCright, McCright, ” McCright, ’, Brandon Bell, Lewandowsky, “ you’d, ” Alec Tyson, Alexandria Ocasio, Cortez, Sen, Ed Markey, Allison Fisher, Fisher, Fox, didn’t, Ed Matthew, Matthew said, Jennie King, ” King, Germany —, Matthew of E3G, ” Schreurs, “ it’s Organizations: CNN, Green Party, Technical University of Munich, University of Bristol, British, Justice, Florida Gov, Republican, Michigan State University, Oil, Republicans, Pew Research, Pew, Conservative, Massachusetts, Green, Deal, Fox, Media, Institute for Strategic Locations: Germany, Charlottenburg, Berlin, Europe, United States, West Texas, Florida, American, Kyoto, Soviet Union, Federal, Midland , Texas, Alexandria, Cortez of New York

☆ Paris Hilton's media company pulls ads from X amid concerns of antisemitic content on the site, just a month after signing an exclusive partnership with the platform
▼ + stars: | 2023-11-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Paris Hilton's company, 11:11 Media, pulled ads from X amid concerns of pro-Nazi content on the site. 11:11 Media is just the latest brand, including Disney and Apple, to pull back from X in recent days. AdvertisementAntisemitism on social media is so not hot. "11:11 Media made the decision to immediately pull the campaign from the platform," Bruce Gersh, 11:11 Media's president and COO, told the outlet. Representatives for Hilton and 11:11 Media did not immediately respond to requests for comment from Business Insider.

Persons: —, Elon Musk's, Bruce Gersh, Musk, Hitler, Linda Yaccarino, Hilton Organizations: X, Disney, Apple, Service, CNN, Media, IBM, Nazi, Hilton, Business Locations: Paris, Western

☆ The major companies still advertising on X despite Elon Musk’s antisemitic endorsement
▼ + stars: | 2023-11-22 | by ( Oliver Darcy | Liam Reilly | ) edition.cnn.com time to read: +5 min

But those assurances have rung hollow as advertisements have continued to be placed on accounts posting hate speech and conspiracy theories. “Elon introduced unique risks,” marketing industry veteran Lou Paskalis, the founder and chief executive of marketing consultancy AJL Advisory, told CNN. “It’s self-destructive for any advertiser to be associated with him,” Sonnenfeld told CNN. His endorsement of the post came as the progressive watchdog Media Matters issued a report that indicated advertisements for major brands appeared next to neo-Nazi hate speech on X. Legal experts have told CNN that the lawsuit is deeply flawed and could open the billionaire up to embarrassing revelations during the discovery process.

Persons: Elon Musk’s, Brian McCarthy, Musk, George Soros —, X, “ Elon, Lou Paskalis, ” Jeffrey Sonnenfeld, ” Sonnenfeld, ”, Ted Boutrous, Boutrous, ” CNN’s Clare Duffy Organizations: CNN, NFL, Walmart, State, The New York Times, Washington Post, The, Mondelēz International, Ritz Crackers, Twitter, Defamation League, Apple, Disney, IBM, Paramount, Fox Sports, Paris, Warner Bros ., AJL, Yale School of Management, Media, Media Matters, Ted Boutrous CNN Locations: Wendy’s, White

☆ Here are the dozen brands that have paused ads on X amid ongoing crisis for Elon Musk’s platform
▼ + stars: | 2023-11-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —At least a dozen major brands have halted ad spending on X, formerly Twitter, since its latest advertiser exodus began last week over concerns about antisemitism and hate speech on Elon Musk’s social media platform. The ongoing exit of advertisers marks a deepening crisis for X, which was already struggling to woo brands back to the platform following Musk’s takeover last year. IBM’s decision also came after Musk had publicly endorsed an antisemitic conspiracy theory in a post on X earlier in the week. X also said it had made the pro-Nazi accounts identified by Media Matters ineligible for monetization, meaning ads can no longer be run on their pages. (Media Matters has vowed to fight the lawsuit from X and says it stands by its reporting.)

Persons: Axios, they’d, Musk, Apple, Linda Yaccarino, Richard Spencer, —, CNN’s Oliver Darcy, Liam Reilly, Brian Fung Organizations: New, New York CNN, Elon, Fox Sports, Ubisoft, TechCrunch, Paris, CNN, White, IBM, Media, Disney, Paramount, Comcast, Lionsgate, NBCUniversal, Warner Bros, Media Matters, University of Michigan, D.C, National Football League Locations: New York, Washington

☆ Elon Musk’s X Sues Media Matters Over Antisemitism Report
▼ + stars: | 2023-11-21 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

X and its billionaire owner, Elon Musk, have generated controversy over antisemitic content on the platform. Photo: tolga akmen/pool/ShutterstockX sued Media Matters for America after the left-leaning media watchdog group reported ads appeared near antisemitic and pro-Nazi content on the social-media platform formerly known as Twitter. X alleged in its lawsuit filed in federal court Monday that Media Matters was trying to drive away its advertisers. Media Matters in a report last week said X placed ads for certain companies next to posts supporting Nazis and white nationalism.

Persons: Elon Musk, tolga, X Organizations: Media Matters, America, Media

☆ NFL committed to X partnership as Elon Musk's social platform gets heat for hate speech
▼ + stars: | 2023-11-21 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

The National Football League is sticking with X, formerly known as Twitter, as Elon Musk's site faces an advertiser revolt over hate speech and antisemitism on the platform. The NFL has partnered with the platform since 2013 as part of an effort to bring fans exclusive content. Last week, Musk agreed with a post on the platform accusing "Jewish communities" of pushing "hatred against whites," CNBC reported earlier this month. Earlier this month, left-leaning media watchdog site MediaMatters.org posted instances of Apple, Bravo and Oracle ads appearing next to antisemitic content on Musk's platform. X on Monday sued Media Matters over the report, coinciding with an investigation launched by Texas Attorney General Ken Paxton into the watchdog site for possible fraudulent activity.

Persons: Brian Rolapp, CNBC's Julia Boorstin, Musk, Ken Paxton, X, Linda Yaccarino, – CNBC's Julia Boorstin Organizations: National Football League, NFL, Apple, Disney, CNBC, Bravo, Oracle, Monday, Media, Texas, Hamas Locations: Elon, Palestinian, Israel

☆ It’s ‘pathological’ for brands to advertise on Elon Musk’s X, Yale professor says
▼ + stars: | 2023-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

CNN —Brands are being “irresponsible” by continuing to advertise on Elon Musk’s X after the billionaire endorsed antisemitic views, according to Yale professor Jeffrey Sonnenfeld. It’s pathological,” Sonnenfeld, dean for leadership studies at the Yale School of Management, told CNN in a phone interview. Yaccarino under pressureThe advertiser backlash is piling even more financial pressure on X at a time when the social media platform has been struggling. “This is a perfect opportunity for the market to do what the market does best,” Minow said. Tim Calkins, a marketing professor at Northwestern University’s Kellogg School of Management, said brands don’t need to “completely agree” with a media property and its policies to advertise there.

Persons: Elon Musk’s, Jeffrey Sonnenfeld, “, Sonnenfeld, Musk, ” Musk, ”, Joe Benarroch, “ Jeffrey Sonnenfeld, Linda Yaccarino, “ Linda Yaccarino, ” Sonnenfeld, he’s, Yaccarino, Lou Paskalis, Nell Minow, ” Minow, Minow, Tim Calkins, Calkins, it’s, ” Calkins Organizations: CNN, Brands, Elon, Yale School of Management, Whites, Disney, Warner Bros . Discovery, Media, Twitter, Media Matters, Marketing, ValueEdge Advisors, Time Magazine, Northwestern University’s Kellogg School of Management

☆ Listen now: Women and children at the center of hostage deal
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

Listen on the Reuters app. The chief of Hamas tells Reuters the militant group is nearing a truce agreement with Israel. Lloyd Austin visits Kyiv, but questions remain about aid, leading the Ukrainian president to turn to Fox CEO Lachlan Murdoch. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising.

Persons: Lloyd Austin, Lachlan Murdoch, X Organizations: Apple, Google, Reuters, Fox, Thomson, Reading, Media Locations: Israel, Kyiv, OpenAI, Reading Gaza

☆ Here are six important questions as Elon Musk faces an ever-deepening crisis over his unhinged behavior
▼ + stars: | 2023-11-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —Elon Musk has an ever-deepening crisis on his hands. Days after the billionaire conspiracy theorist endorsed an antisemitic post on his hate-drenched platform, X, there is mounting pressure for others to take additional action against the unhinged businessman. Here are six questions about the calamity besieging X:What is Musk doing with his lawsuit against Media Matters? Earlier this year, the NFL expressed concern when a Media Matters report found its ads were appearing next to accounts belonging to racists. But it has not said a word since, even as X continued placing ads for NFL teams onto VDARE’s account.

Persons: CNN — Elon Musk, It’s, Musk, Ted Boutrous, X, ” Angelo Carusone, Will Linda Yaccarino, Lou Paskalis, Clare Duffy, Elon Musk, ” Paskalis, she’s, ‘, ” Yaccarino, Axios, TechCrunch, I’m, newsrooms, Casey Newton, ” Newton Organizations: CNN, Media Matters, Media, Hamas, AJL Advisory, NFL, The Washington Post, Financial Times, New York Times Locations: Israel

In the letter to Musk and X chief executive Linda Yaccarino, the lawmakers noted reports from nonprofit organizations that showed people with X Premium accounts "glorifying barbaric acts of violence against Israelis." The letter is the latest fight between Musk, who bought Twitter and renamed it X, and those who have advocated for better content moderation. The lawmakers said X profited from the posts both from subscription fees as well as ads displayed in replies to both Premium and regular posts. "X has financially benefited from the spread of demonstrably false and misleading content as well," the lawmakers wrote. These are videos that carry official Hamas branding and iconography," the lawmakers wrote.

Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Linda Yaccarino, Musk, X, Adolf Hitler, Diane Bartz, Daniel Wallis Organizations: British, Rights, X, Twitter, Media, Nazi, Hamas, Thomson Locations: London, Britain, U.S, United States

☆ Elon Musk's X is 'profiting off violent content' by Hamas, House Democrats allege
▼ + stars: | 2023-11-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

In addition to the records, the House Democrats asked Yaccarino and Musk to detail how X plans to address Hamas-related content currently on the platform. The already "inexcusable" issue of antisemitic content on X, they wrote, had become "outright indefensible" since the deadly Oct. 7 terror attack in Israel by Hamas militants. More than two dozen House Democrats on Tuesday accused Elon Musk 's X of "profiting off violent content by a terrorist organization" and demanded that he and CEO Linda Yaccarino address Hamas -related content on the social media platform . "You have said the actual truth," Musk wrote last Wednesday in response to that post. Instead, the Democrats highlighted numerous X accounts that have reportedly been "spreading Hamas terrorist propaganda videos glorifying barbaric acts of violence against Israelis."

Persons: Yaccarino, Dan Goldman, Jamie Raskin, Elon Musk, Linda Yaccarino, Musk, Adolf Hitler, Angelo Carusone, Goldman, Raskin Organizations: Democrats, Hamas, Reps, Maryland, CNBC, Disney, Comcast, Wall Street, Washington, Media, America, Reich, Tech, Accountability, Strategic, X's Locations: Israel, U.S, New York

☆ New York City investment chief calls on Tesla to sanction Musk unless he apologizes
▼ + stars: | 2023-11-21 | by ( Ross Kerber | ) www.reuters.com time to read: +5 min

Lander's remarks make him the latest Tesla shareholder to call on the EV maker to rein in Musk. Musk endorsed an antisemitic post on social media platform X, formerly known as Twitter, on Nov. 15. It remains unclear whether Tesla's board will take any action. If Musk fails to do so, Tesla's board should consider actions such as docking his pay, suspending him or terminating him, Lander added. He wrote to Tesla board chair Robyn Denholm on Monday that failing to take action would show Tesla's code of business ethics to be "toothless."

Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Brad Lander, Lander, Lander's, Ross Gerber, Musk, Linda Yaccarino, Robyn Denholm, Henry Ford, Nazism, Kristin Hull, Nia, Tesla's, Ross Kerber, David Gaffen, Sheila Dang, Greg Roumeliotis, Matthew Lewis Organizations: British, New York, Reuters, Nia Impact, Gerber Kawasaki Wealth & Investment Management, U.S . Securities, Exchange Commission, SpaceX, Boring Company, Ford Foundation, White, Media, America, Defamation League, Thomson Locations: London, Britain, New, New York City, New York, Dallas

☆ Democrats accuse X of profiting from Hamas propaganda
▼ + stars: | 2023-11-21 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

Washington CNN —A group of House Democrats has accused X, the platform formerly known as Twitter, of profiting from Hamas propaganda and misinformation about the Israel-Hamas war after reports by independent researchers found numerous accounts glorifying the US-sanctioned terror group. More than two dozen US lawmakers signed the letter dated Tuesday addressed to X owner Elon Musk and CEO Linda Yaccarino. Musk sued Media Matters on Monday, accusing it of distorting the likelihood that ads may be shown against extremist material. But some legal critics have cast doubt on the complaint, calling it “weak” and “bogus” in the face of the First Amendment. The letter calls for Yaccarino and Musk to answer by December 1 to allegations that X has amplified terrorist propaganda in violation of its own policies.

Persons: X, Elon Musk, Linda Yaccarino, ”, Adam Schiff of California, Daniel Goldman, Jamie Raskin, Musk, Joe Benarroch, White Organizations: Washington CNN, House, Twitter, Institute for Strategic, Tech, Reps, Maryland, of Business, Media Matters, Media, Committee, US Marshals Service Locations: Israel, New York, Gaza

☆ Elon Musk is suing Media Matters for saying X put ads next to pro-Nazi posts — and Texas AG Ken Paxton wants in too
▼ + stars: | 2023-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Media Matters was served a double whammy on Monday, after reporting on X's advertising strategy. Elon Musk is now suing the watchdog, and Texas AG Ken Paxton is investigating the group for fraud. The report, published Thursday, triggered an advertiser exodus from X, after which Musk declared that he'd file a "thermonuclear" lawsuit against Media Matters. In a statement to BI, Media Matters President Angelo Carusone said X's lawsuit was "frivolous" and "meant to bully X's critics into silence." A Media Matters representative did not immediately respond when asked to comment on Paxton's investigation.

Persons: Elon Musk, Ken Paxton, —, Musk, Paxton, Apple —, Angelo Carusone, Carusone, It's Organizations: Texas, Service, Media Matters, America, Media, billionaire's X Corp, Business, IBM, Oracle, Apple, Twitter Locations: Texas

☆ NFL denounces hate speech, says it has expressed concerns to Elon Musk’s X
▼ + stars: | 2023-11-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +1 min

CNN —After days of silence following X owner Elon Musk’s endorsement of an antisemitic post, the NFL said Tuesday that it has conveyed its displeasure with the social media company. “The NFL unequivocally denounces all forms of hate speech and discrimination,” Brian McCarthy, the NFL’s chief spokesperson, said in a statement. “We’re aware of instances of hate speech on X and have expressed our concerns directly to X both in the past and again in the last few days,” McCarthy added. Earlier this year, the NFL also expressed concern after a Media Matters report found the league’s ads were appearing next to racist accounts on the social media platform. Earlier Tuesday, an NFL executive told CNBC that it was sticking with the platform despite the rise in hate speech.

Persons: Elon Musk’s, ” Brian McCarthy, “, ” McCarthy, McCarthy, ”, Brian Rolapp Organizations: CNN, NFL, Media, Apple, Disney, Warner Bros, CNBC

☆ U.S. Lawmakers Accuse X Chief Musk of Profiting From Anti-Israel Propaganda
▼ + stars: | 2023-11-21 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

Persons: Diane Bartz WASHINGTON, Elon Musk, Linda Yaccarino, Musk, X, Adolf Hitler, Diane Bartz, Daniel Wallis Organizations: X, Twitter, Media, Nazi, Hamas Locations: U.S, United States

☆ Linda Yaccarino is asking X staffers to be 'as fiscally responsible as possible' as advertisers bail from the site
▼ + stars: | 2023-11-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Linda Yaccarino wants employees at X, formerly Twitter, to be more frugal, per Fortune. The platform is facing an exodus of advertisers after owner Elon Musk endorsed an antisemitic post. AdvertisementLinda Yaccarino is tightening the purse strings at X, previously known as Twitter, Fortune reported on Monday. Yaccarino told staff to be "as fiscally responsible as possible" during an all-hands meeting on Monday, Fortune's Kylie Robison reported, citing employees who attended the meeting. X has been facing an exodus of advertisers after Elon Musk, the platform's owner, endorsed an antisemitic post on November 15.

Persons: Linda Yaccarino, Elon Musk, —, Fortune, Yaccarino, Fortune's Kylie Robison, Musk, Ken Paxton Organizations: Service, Elon, IBM, Media Matters, Texas, Business Insider

☆ X sues Media Matters, alleging defamation
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailX sues Media Matters, alleging defamationX, formerly known as Twitter, is suing the media watchdog group after a report claiming that advertisements of major brand names are appearing alongside antisemitic content. CNBC's Dan Murphy reports.

Persons: CNBC's Dan Murphy Organizations: X, Media

☆ Texas AG Ken Paxton talks probe into Media Matters following Elon Musk's lawsuit
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTexas AG Ken Paxton talks probe into Media Matters following Elon Musk's lawsuitHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Ken Paxton, Elon Musk's, Brian Sullivan, “ Organizations: Media, CNBC

☆ X sues Media Matters over report about ads appearing next to Nazi posts
▼ + stars: | 2023-11-21 | by ( David Ingram | ) www.cnbc.com time to read: +2 min

Elon Musk's social media company, X, sued Media Matters for America and one of its staff members Monday over an investigative report the progressive watchdog organization published saying Nazi content ran on the X app alongside advertisements from major corporations. News of the lawsuit coincided with Texas Attorney General Ken Paxton's announcing an investigation into Media Matters for possible fraudulent activity. Media Matters President Angelo Carusone said the website would defend itself. Media Matters stands behind its reporting and looks forward to winning in court," he said in a statement. In the lawsuit, X alleges that Media Matters' portrayal of the app is untrue because its article did not reflect what typical users see.

Persons: Elon, Ken Paxton's, Paxton, Musk, Andrew Bailey, Bailey, Angelo Carusone, X Organizations: Media Matters, America, Texas, Media, Missouri, Apple, IBM, Comcast, NBCUniversal, NBC, X Corp Locations: Fort Worth , Texas

☆ Paris Hilton’s media company suspends ads on X, one month after agreeing to touted partnership with the platform
▼ + stars: | 2023-11-21 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +2 min

“11:11 Media made the decision to immediately pull the campaign from the platform,” Bruce Gersh, 11:11 Media’s president and chief operating officer, told CNN on Tuesday. The decision by Hilton’s company to pull its advertising is a blow to X and the platform’s chief executive, Linda Yaccarino, who announced a major promotional partnership with Hilton just last month. A spokesperson for Hilton declined to comment on whether the suspension of 11:11’s ad campaign also meant the end of Hilton’s partnership with X. IBM halted its ad spend on X on Thursday after a report from progressive media watchdog Media Matters showed its ad had run alongside pro-Nazi content on X. Other major brands, including Disney and Paramount, followed suit on Friday, but did not specify their reasoning for pulling their ad spending from X.

Persons: Elon Musk’s, ” Bruce Gersh, Linda Yaccarino, Hilton, X Organizations: CNN, Paris, Media, Yaccarino, X, IBM, Disney, Paramount Locations: Hilton

☆ Legal experts blast Elon Musk filing lawsuit in Texas against Media Matters
▼ + stars: | 2023-11-21 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

“The complaint admits that the thing Media Matters was making a big deal about actually happened,” Vladeck said. According to Musk, Media Matters established a test account following extremist material and then refreshed the feed until X’s ad system displayed an ad for major brands. “It’s one of those lawsuits that’s filed more for symbolism than for substance.”Media Matters’ responseIn a statement Monday evening, Media Matters President Angelo Carusone vowed to defend the group against the suit. “Media Matters stands behind its reporting and looks forward to winning in court.”Some legal experts suggested that Media Matters’ first course of action may be to try to move the case out of the Texas federal court. “Musk and his lawyers seek to isolate Media Matters’ investigation as the sole reason major advertisers have joined the exodus from X.

Persons: Elon, “, Ted Boutrous, Boutrous, Steve Vladeck, ” Vladeck, Mark Pittman, Donald Trump, Joe Biden’s, X, ’ ”, Joan Donovan, ” Akiva Cohen, Klein, Musk, ’ ” Cohen, ” Cohen, Ken Paxton, Andrew Bailey, ”, that’s, Angelo Carusone, ” Carusone, Ken White, “ X, ” White, Nora Benavidez, “ Musk, ” Benavidez, – CNN’s Oliver Darcy, Jon Passantino Organizations: CNN, Media, X, Twitter, University of Texas, Court, Northern, Northern District of, Nazi, Musk, Boston University, YouTube, Elon, Texas, ”, “, Washington , D.C, District of, Free Press Locations: Texas, Northern District, Northern District of Texas, Kamerman, New York, Missouri, California, Washington ,, District of Columbia, Los Angeles

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