Elon Musk’s X Sues Media Matters For Defamation Reports Which Led Big Advertisers To Pull Ads From X

Elon Musk

On Saturday, Elon tweeted on X (Formerly Twitter) would file a “thermonuclear” lawsuit against Media Matters and others “who colluded in this fraudulent attack on our company.” Since the Media Matters report publication, X (former Twitter) has faced growing outrage. 

Because of this report IBM, Comcast, and other advertisers leave X platform. In October 2022, Elon Musk bought Twitter for $44 billion. The influence of Elon Musk on this platform, advertisers have fled the platform. 

Reports say controversial posts of Musk’s on X and heavy layoffs of moderate employees is the reason behind this loss. On Sunday, X (Formerly Twitter) Chief Executive, Linda Yaccarino gave employees a note. The note says because of that report publication, some advertisers had discontinued their investments. 

On Monday, Media Matters President Angelo Carusone said in an interview with Reuters,

If you search for white nationalist content, there are ads flourishing. The system they say exists is not operating as such 

Additional:

~News Source: https://tinyurl.com/4kcenh87

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