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☆ Elon Musk apologizes for antisemitic tweet but tells advertisers ‘go f**k yourself’
▼ + stars: | 2023-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post. “I don’t want them to advertise,” he said at the New York Times DealBook Summit in New York. Musk made the remarks as the X CEO, Linda Yaccarino, sat in the audience. In a meandering conversation that lasted well over an hour, Musk also said he has no problem being hated. I’d love to help.”But in a separate conversation at the DealBook Summit, Herzog appeared uncertain that Musk would remain consistant in his messaging.

Persons: New York CNN — Elon, dumbest, ”, Bob, Bob Iger, Musk, Linda Yaccarino, Yaccarino, “, Elon Musk, it’s, White supremacists, I’ve, ” Musk, Benjamin Netanyahu, Isaac Herzog, Israel “ wasn’t, he’s, Netanyahu, Herzog, Sam Altman, Altman, “ I’m, OpenAI Organizations: New, New York CNN, New York Times DealBook, Disney, Elon, CNN, Paramount, Comcast, Lionsgate, Warner Bros, Israeli Locations: New York, Israel, Gaza, OpenAI

☆ X could lose $75 million in ad revenue after a litany of controversies from Elon Musk, including his endorsement of antisemitic comments, report says
▼ + stars: | 2023-11-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

X could lose up to $75 million in revenue as advertisers flee the platform. It comes amid backlash over Elon Musk's endorsement of an antisemitic post on the site. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's endorsement of an antisemitic post may cost X millions of dollars in advertising revenue this year. Elon Musk has been widely condemned after he endorsed a post on X that accused Jewish communities of pushing hate against white people.

Persons: Elon, —, Linda Yaccarino —, Elon Musk, Musk, X, Yaccarino, we've Organizations: Disney, IBM, Service, The New York Times, NBC, Media Matters, Apple, Times, Netflix, Microsoft, Business, BI

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

☆ 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

☆ 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

☆ 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

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

☆ 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

☆ 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

☆ Chaos at OpenAI ensues
▼ + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.

Persons: —, Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London

☆ 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

☆ 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

☆ 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

☆ 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

☆ 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

☆ 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

☆ X sues Media Matters after report about ads next to antisemitic content
▼ + stars: | 2023-11-20 | by ( Sheila Dang | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk speaks with members of the media during the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsCompanies Media Matters Sf, Llc FollowNov 20 (Reuters) - Messaging platform X on Monday sued media watchdog group Media Matters, alleging the organization defamed the platform after it published a report that said ads for major brands had appeared next to posts touting Nazism. X, formerly Twitter, has faced growing outrage since Media Matters published the report on Thursday, which led IBM, Comcast and several other advertisers to pull ads from the platform in response. On Saturday, Musk posted that X would file a "thermonuclear" lawsuit against Media Matters and others "who colluded in this fraudulent attack on our company." In an interview with Reuters earlier on Monday, Media Matters President Angelo Carusone said the nonprofit's findings flew in the face of X's statements that it had introduced safety protections to prevent ads from appearing next to harmful content.

Persons: Tesla, Elon Musk, Leon Neal, Musk, Linda Yaccarino, Angelo Carusone, Sheila Dang, Rosalba O'Brien Organizations: SpaceX's, Bletchley, Companies Media, Media, IBM, Comcast, Reuters, Thomson Locations: Bletchley, Britain, Dallas

☆ Ad execs encourage X CEO Linda Yaccarino to quit after Elon Musk’s antisemitic embrace
▼ + stars: | 2023-11-20 | by ( Clare Duffy | Oliver Darcy | ) edition.cnn.com time to read: +3 min

Hundreds of major brands paused their ad spend after Musk’s acquisition over concerns about content moderation and the platform’s future under the eccentric billionaire. But at least a half dozen major advertisers, including media giants Disney, Paramount and NBCUniversal, halted their spending on X on Friday. IBM also suspended advertising on the platform after its ad appeared alongside pro-Nazi content. The decisions to drop the platform followed criticism of Musk over his public embrace of an antisemitic conspiracy theory favored by White supremacists. “No critic will ever deter us from our mission to protect free speech,” Yaccarino said in the Sunday letter.

Persons: Linda Yaccarino, Elon, Lou Paskalis, “, ” Paskalis, ”, Musk, White supremacists, Elon Musk, she’s, ‘, ” Yaccarino, I’m, Yaccarino, it’s Organizations: New, New York CNN, X, AJL, CNN, Disney, Paramount, IBM, Media, monetization Locations: New York

IBM, NBCUniversal and its parent company Comcast said last week that they stopped advertising on X after the Media Matters report said their ads were appearing alongside material praising Nazis. The Media Matters report pointed to ads from Apple and Oracle that also were placed next to antisemitic material on X. It says Media Matters did this by using X accounts that just followed X users known to produce “extreme fringe content” and accounts owned by X’s major advertisers. This, the complaint says, led to a feed aimed at producing side-by-side placements that Media Matters could then screen shot in an effort to alienate X's advertisers. Media Matters said Monday that it stands by its reporting and expects to prevail in court.

Persons: Elon, Musk, “, ”, Angelo Carusone, ” Musk, Linda Yaccarino Organizations: Media, America, X Corp, ” Media, D.C, IBM, NBCUniversal, Comcast, Apple, Oracle, Amazon, NBA, Hamas Locations: Washington, NBA Mexico, NBCUniversal, Francisco, Fort Worth , Texas, Israel

WASHINGTON (AP) — A Senate committee has issued bipartisan subpoenas to the CEOs of Discord, Snap and X, demanding that the heads of the three companies testify at a December hearing on protecting children online. Senate Judiciary Committee Chairman Dick Durbin, D-Ill., and South Carolina Sen. Lindsey Graham, the top Republican on the panel, announced Monday that they had issued the subpoenas to Discord CEO Jason Citron, Snap CEO Evan Spiegel and Linda Yaccarino, the CEO of X, formerly known as Twitter, “after repeated refusals to appear” during weeks of negotiations. "Big Tech’s failure to police itself at the expense of our kids cannot go unanswered,” the two senators said in a statement. The committee said that “in a remarkable departure from typical practice," Discord and X refused to accept service of the subpoenas and the panel was forced to enlist the U.S. Durbin and Graham said the committee remains in discussions with both Meta and TikTok and expects their CEOs, Mark Zuckerberg and Shou Zi Chew, to testify voluntarily.

Persons: Dick Durbin, South Carolina Sen, Lindsey Graham, Jason Citron, Evan Spiegel, Linda Yaccarino, “, X, Durbin, Graham, Mark Zuckerberg, Shou Zi Chew, Barbara Ortutay Organizations: WASHINGTON, —, South, Republican, U.S . Marshals Service, Social, Meta, Facebook, Associated Press Locations: South Carolina, Washington, San Francisco

☆ X CEO Linda Yaccarino is reportedly getting texts from ad execs advising her to resign over Elon Musk's backing of antisemitic post
▼ + stars: | 2023-11-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Ad execs are reportedly reaching out to X CEO Linda Yaccarino and advising her to resign. X and Elon Musk have faced backlash after the billionaire endorsed an antisemitic post on X. One executive told Axios she needs to "save" her reputation. AdvertisementAdvertising executives have been reaching out to X CEO Linda Yaccarino and advising her to leave the social media company, according to reports from multiple outlets. Paskalis told Axios he texted Yaccarino on Sunday and told her she should resign from her role at X.

Persons: Linda Yaccarino, Elon Musk, Axios, —, Musk, Yaccarino, Lou Paskalis, Paskalis, I'm Organizations: Service, Media Matters, Nazi, Apple, Disney, Bank of America, AJL, Forbes, Elon

☆ US Marshals serve CEOs of X and Discord with congressional subpoenas ahead of Big Tech child safety hearing
▼ + stars: | 2023-11-20 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —Tech CEOs are once again being summoned to Congress to testify about their business practices — and this time, the US Marshals Service is getting involved. On Monday, the Senate Judiciary Committee said it had subpoenaed three top social media executives — X CEO Linda Yaccarino, Snap CEO Evan Spiegel and Discord CEO Jason Citron — for a Dec. 6 hearing on children’s online safety and content moderation. “At our February hearing on protecting children’s safety online, we promised Big Tech that they’d have their chance to explain their failures to protect kids. In a statement, X said it has been cooperating with the committee. “We have been working in good faith to participate in the Judiciary committee’s hearing on child protection online as safety is our top priority at X,” said Wifredo Fernandez, head of US & Canada government affairs at X.

Persons: —, Linda Yaccarino, Evan Spiegel, Jason Citron —, Mark Zuckerberg, Shou Zi Chew, Yaccarino, Citron, ”, Dick Durbin, Lindsey Graham, X, “, Wifredo Fernandez, ” Meta, didn’t Organizations: CNN — Tech, US Marshals Service, Committee, US, Big Tech, Republican, ” Locations: Sens, Canada

☆ X's CEO tells staff data will show efforts to fight hate, as advertisers flee
▼ + stars: | 2023-11-20 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20 (Reuters) - Social media company X CEO Linda Yaccarino told employees that "data will tell the real story" about its efforts to battle antisemitism, according to a note to employees, amid growing outrage over the issue. On Thursday, and media watchdog group Media Matters said it had found that ads for major brands had appeared next to posts that touted Nazism. An X representative confirmed that the company would sue the nonprofit organization, possibly as early as Monday. After buying Twitter in October 2022 for $44 billion, Musk laid off thousands of employees, including many who worked to moderate content on the platform.

Persons: Dado Ruvic, Linda Yaccarino, Elon Musk, Yaccarino, Musk, Angelo Carusone, Sheila Dang, Jonathan Oatis Organizations: Twitter, REUTERS, Social, IBM, Comcast, White, Media, Reuters, Thomson Locations: United States, Israel, Gaza, Dallas

☆ Media Matters: Elon Musk’s X sues media watchdog over report on pro-Nazi content on the social media site
▼ + stars: | 2023-11-20 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +6 min

The lawsuit filed Monday accuses Media Matters of distorting how likely it is for ads to appear beside extremist content on X, alleging that the group’s testing methodology was not representative of how real users experience the site. “Media Matters designed both these images and its resulting media strategy to drive advertisers from the platform and destroy X Corp.”The lawsuit simultaneously names Media Matters and Eric Hananoki, its senior investigative reporter, as defendants. It calls for a judicial order forcing Media Matters to remove its analysis from its website and accuses Media Matters of interfering with X’s contracts with advertisers, of disrupting their economic relationships and of unlawfully disparaging X. In 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.”On Monday evening, X CEO Linda Yaccarino chimed in defending the social media site.

Persons: Elon Musk, Eric Hananoki, Angelo Carusone, ” Carusone, ”, Linda Yaccarino chimed, I’m, ” Yaccarino, “, Ken Paxton, Musk, ” Musk, opportunistically, that’s, Steve Vladeck, Joan Donovan, ” Ken White, “ X, ” White, White, Mark Pittman, Donald Trump, Pittman, Joe Biden’s, Jon Passantino, Dan Berman Organizations: CNN, Media, “ Media, X Corp, Court, Northern, Northern District of, “, Whites, Disney, Paramount, Warner Bros, Northern District of Texas, University of Texas, Boston University, YouTube, of Columbia Locations: Northern District, Northern District of Texas, Texas, Los Angeles, California

☆ X, Snap and Discord CEOs subpoenaed by lawmakers to testify about child sexual exploitation
▼ + stars: | 2023-11-20 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Lawmakers said Monday that they have issued subpoenas to the CEOs of X, Snap and Discord to compel the executives to testify on a hearing regarding online child sexual exploitation. Marshals Service to personally serve the subpoenas to Discord and X, which they characterized as "a remarkable departure from typical practice." Hearing from the CEOs of some of the world's largest social media companies will help inform the Committee's efforts to address the crisis of online child sexual exploitation." A Discord spokesperson said that, "Keeping our users safe, especially young people, is central to everything we do at Discord." "We have been actively engaging with the Committee on how we can best contribute to this important industry discussion," the Discord spokesperson said.

Persons: Linda Yaccarino, Vox, Dick Durbin, Lindsey Graham, Durbin, Graham, Wifredo Fernandez, Fernandez, Evan Spiegel, they've, Mark Zuckerberg, TikTok's Shou Zi Chew Organizations: The Ritz, Carlton, Lawmakers, U.S . Marshals Service, Big Tech, Twitter, CNBC, Committee, Meta, X Corp Locations: Laguna, Dana Point , California, Canada

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