Many major companies have paused or stopped advertising on the platform in recent weeks.
Elon Musk, the owner of X (formerly known as Twitter) may have cost the company tens of millions of dollars in lost advertising revenue due to his recent comments endorsing an antisemitic and racist conspiracy theory, internal documents show. According to The New York Times, these documents find that the social media platform could lose as much as $75 million from advertising by the end of this...