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Apple, Disney, other media companies pause advertising on X after Elon Musk boosted antisemitic tweet - TL;DR CNBC

Apple, Disney, other media companies pause advertising on X after Elon Musk boosted antisemitic tweet

Publishing timestamp: 2023-11-17 20:24:18


Summary

Apple and Disney have paused their online advertising campaigns on X after Elon Musk made antisemitic comments on the platform. Other companies, including Warner Bros Discovery, Paramount Global, and Lions Gate Entertainment, have also suspended their campaigns. IBM has halted its online ad campaigns on X as well. A coalition of Jewish leaders has called on businesses to stop funding X through their ad spend. The White House has criticized Musk for his tweets, and Musk acknowledged the advertiser backlash.


Sentiment: MIXED

Tickers: WBD,  ORCL,  AAPL,  DIS,  IBM,  CMCSA,  LGF.A,  PARA, 

Keywords: comcast corp,  internet,  warner bros discovery inc,  advertising,  oracle corp,  breaking news: business,  social media,  technology,  international business machines corp,  paramount global,  entertainment,  breaking news: technology,  apple inc,  media,  business news,  walt disney co,  lions gate entertainment corp,  elon musk, 

Source: https://www.cnbc.com/2023/11/17/apple-has-paused-advertising-on-x-after-musk-promoted-antisemitic-tweet.html


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