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Musk threatens 'thermonuclear lawsuit' against media watchdog, calls advertisers 'oppressors' - TL;DR CNBC

Musk threatens 'thermonuclear lawsuit' against media watchdog, calls advertisers 'oppressors'

Publishing timestamp: 2023-11-18 17:14:56


Summary

Elon Musk lashes out at media watchdog and advertisers after brands pause ad spending on X due to ads running alongside hateful user posts. Musk threatens to file a lawsuit against Media Matters and others involved in the attack on his company. Advertisers including Apple, Comcast/NBC Universal, Disney, IBM, Lions Gate, Paramount Global, and Warner Bros. Discovery halt their ad spending on X. Musk promotes a paid, ad-free subscription version of X. X spokesperson accuses Media Matters of misrepresenting the user experience. Musk has also faced criticism for his own controversial tweets. Musk declares a new policy against extreme violence on his social network. The Anti-Defamation League praises Musk's promise to suspend accounts promoting genocidal speech. Media Matters president responds to Musk's threats of a lawsuit.


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Tickers: DISPARAIBMMETACMCSALGF.AWBD

Keywords: elon muskcomcast corpventure capitalbusiness newswarner bros discovery incinternetinternational business machines corplions gate entertainment corpwalt disney cotechnologyparamount globaladvertisingsocial mediabusinessmeta platforms inc

Source: https://www.cnbc.com/2023/11/18/musk-threatens-thermonuclear-lawsuit-against-media-watchdog-calls-advertisers-oppressors.html


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