Elon Musk’s acquisition of Twitter last week has resulted in at least six major companies withdrawing their advertising over worries about how he will impact content moderation policies on the platform.
Last week, Detroit-based General Motors said it would stop advertising on Twitter, citing the need to “understand the direction of the platform.” GM said in a statement that it is currently “engaging with Twitter to understand the direction of the platform under their new ownership” and “as is the normal course of business with a significant change in a media platform, we have temporarily paused our paid advertising. Our customer care interactions on Twitter will continue.
JUST IN – Volkswagen, founded in 1937 by the German Labour Front under the Nazi Party, tells brands to pause ads on Twitter because of Elon Musk's takeover.
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