The social media site formerly known as Twitter is suing Media Matters after the nonprofit published research that found ads on X appearing alongside antisemitic content. Advertisements for major brands, including Amazon (AMZN) and IBM (IBM), had been placed alongside posts on X that supported white nationalism and Nazism, the progressive media watchdog revealed, inviting the ire of X owner Elon Musk. The legal challenge comes amid a high profile advertiser exodus. Several major companies have paused their ads on X, including Apple (APPL), IBM, and Disney (DIS), which strikes at the heart of X's business and highlights the ongoing...