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Monitoring Antisemitism Intel
August 9, 2024
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World Federation of Advertisers discontinues small brand safety initiative after Elon Musk’s X sues

Source: apnews.com apnews.com
Key Topics in this News Article:
Advertising Antitrust Elon Musk Healthcare Medicine Nazi New York Outer Space Social Media Texas Twitter War
News Snapshot:
NEW YORK (AP) — A small brand safety initiative is ceasing operations — days after being targeted by social media platform X in a lawsuit alleging the group helped coordinate a “massive advertiser boycott” after billionaire Elon Musk bought the company in 2022. The World Federation of Advertisers has confirmed that it’s discontinuing its Global Alliance for Responsible Media initiative. In a Friday statement, the advertising group said that recent allegations “unfortunately misconstrue (GARM’s) purpose and activities” — adding that this “caused a distraction and significantly drained its resources and finances.” X, formerly Twitter, sued the World Federation of Advertisers...
Note: Please don’t mind the mess. Some source code may appear in the Snapshot above as we train our A.I.
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