HomeAbout

TL;DR CNBC


IBM suspends advertising on X after report says ads ran next to antisemitic content - TL;DR CNBC

IBM suspends advertising on X after report says ads ran next to antisemitic content

Publishing timestamp: 2023-11-17 10:21:17


Summary

IBM has paused advertising on a platform formerly known as Twitter, referred to as "X," after a report found that the company's ads were placed next to antisemitic content. The report also mentioned other companies such as Apple, Bravo, Oracle, and Xfinity whose ads were found next to posts promoting Hitler and the Nazi Party on the platform. X's CEO has been trying to win back advertisers after Elon Musk purchased the company last year. Musk himself boosted an antisemitic post on X and made statements that drew backlash. IBM has suspended all advertising on X while they investigate the situation. The article also mentions a coalition of Jewish leaders calling for big companies to stop funding X and for Apple and Google to remove the platform from their app stores.


Sentiment: NEGATIVE

Tickers: AAPLIBMORCLCMCSA

Keywords: mobilecomcast corpelon muskapple incinternational business machines corptechnologybusiness newsinternetsocial mediaoracle corpbreaking news: technology

Source: https://www.cnbc.com/2023/11/16/ibm-stops-advertising-on-x-after-report-says-ads-ran-by-nazi-content.html


Developed by Leo Phan