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New York CNN —At least two brands have said they will suspend advertising on X, the platform formerly known as Twitter, after their ads and those of other companies were run on an account promoting fascism. Spokespeople for NCTA and pharmaceutical company Gilead said that they immediately paused their ad spending on X after CNN flagged their ads on the pro-Nazi account. Hours after the Media Matters report was published Wednesday morning and CNN observed additional brands’ ads running on the account, the account appeared to be suspended. “Media Matters and other observers have documented how X has remained a dangerous cesspool of content, especially for advertisers,” Wednesday’s report states. Media Matters says it has also documented instances of brands’ ads being placed next to content from Holocaust denial and white nationalist accounts.
Persons: Linda Yaccarino, Hitler, Gilead, , Brian Dietz, ” “, ” Dietz, X, Jason Yellin, NYU Langone, , Elon, Musk, Yaccarino —, X —, ” Yaccarino, Yaccarino Organizations: New, New York CNN, Media, America, Nazi Party, Adobe, Gilead Sciences, University of Maryland’s, New York University Langone Hospital, Television Association, CNN, ” “ Brand, University of, Maryland Football, NYU, Twitter, CNBC, “ Media, X Locations: New York, Elon Musk’s
REUTERS/Kamil Krzaczynski/File PhotoJan 18 (Reuters) - New York excavation contractor Brian Dietz does not view higher air fares as a deal-breaker for flying and airlines are seeing more small and medium size companies like his feeding a 2023 rebound in business travel. Although business travelers often book economy seats, corporate travel is critical for airlines because it means more frequent flyers and appetite for higher-margin premium fares. SME executives were some of the first business travelers back on planes after the pandemic-induced slump. They have since emerged as the fastest-growing segment within corporate travel according to Amex GBT. Spending on business travel globally is expected to recover to 80% of 2019 levels in 2023, up from 65% in 2022, according to the Global Business Travel Association (GBTA).
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