The European Commission has begun an inspection of the social network X, which could lead to blocking

by time news

2023-12-18 14:18:44

The American news website Axios then reported that because of such content moderation, IBM and Apple companies refused to advertise in X. On November 24, The New York Times wrote that more than 200 brands had suspended their campaigns or planned to suspend them, including including Disney, Airbnb, Amazon, Coca-Cola and Microsoft etc. According to the NYT, X may lose up to $75 million in advertising revenue by the end of the year due to the refusal of famous brands from marketing campaigns on the site.

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