Advertiser exodus from X gathers pace with 26% ‘planning to cut spending’

Advertiser exodus from X gathers pace with 26% ‘planning to cut spending’

Advertising, Elon Musk, X, Blogging, Digital media, Internet, Media, Technology, Technology sector, Business, World news Business | The Guardian

​Annual survey highlights growing concern about platform content and trust in information disseminatedMore than a quarter of advertisers are planning to cut spending on Elon Musk’s X over concerns about the social media platform’s content and trust in the information disseminated, according to new global research.Advertising revenue flowing to X has been in freefall since Musk bought the site, then known as Twitter, for $44bn (£38bn) in October 2022, claiming it had not lived up to its potential as a platform for “free speech”. Continue reading… 

Annual survey highlights growing concern about platform content and trust in information disseminated

More than a quarter of advertisers are planning to cut spending on Elon Musk’s X over concerns about the social media platform’s content and trust in the information disseminated, according to new global research.

Advertising revenue flowing to X has been in freefall since Musk bought the site, then known as Twitter, for $44bn (£38bn) in October 2022, claiming it had not lived up to its potential as a platform for “free speech”.

Continue reading… 

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