by Capitol Communicator | Sep 6, 2024 | Advertising, Insights, Social Media, Upper Left Sponsored
A record number of firms plan to cut advertising spending on X next year because of concerns that extreme content on the platform could damage their brands, dealing another blow to the financial fortunes of Elon Musk’s social media company, reports CNN. According to... by Capitol Communicator | Jan 3, 2024 | Advertising, Insights, Social Media, Top Center Sponsored
X, formerly known as Twitter, has lost over 71% of its value since April 2022, when Elon Musk bought the microblogging app, according to mutual fund Fidelity, a shareholder in X Holdings, reports MediaPost. Fidelity — which contributed over $300 million to Elon... by Capitol Communicator | Nov 29, 2023 | Advertising, General, Social Media, Top Center Sponsored
The Washington Post will pause its advertising on X, a spokesperson told Washingtonian. The decision, continues Washingtonian, follows owner Elon Musk’s bizarre embrace of the utterly debunked “Pizzagate” conspiracy theory and that “It’s not really worth going... by Capitol Communicator | Nov 23, 2023 | Advertising, General, Social Media, Top Right Sponsored
Of nearly 261 companies that spent over $1 million on advertising on X/Twitter from January 2022 to October 2023, 86% of them have reduced ad spending on the platform, according to estimates from MediaRadar, reports MediaDailyNews. Brand-safety concerns remain a major... by Capitol Communicator | Nov 21, 2023 | Advertising, General, Social Media, Upper Left Sponsored
Elon Musk “made good on his promise to sue Media Matters, filing a federal lawsuit that accuses the left-leaning watchdog group and one of its reporters of doctoring images in an article that showed ads for major corporations next to posts depicting hate speech...
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