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(Reuters) -Social media company X faces the prospect of more advertisers fleeing and has no clear fix in sight, ad industry experts said, after billionaire owner Elon Musk lashed out at some of the biggest brands for dropping the platform. Walt Disney and Warner Bros. Discovery suspended advertising on X earlier this month following Musk's endorsement of an antisemitic post that falsely claimed members of the Jewish community were stoking hatred against white people. After apologizing for his post while speaking at a New York Times DealBook event on Wednesday, Musk unleashed a profanity...

Creators worried advertisers dropping X could hurt revenue-sharing payouts.

The social network once known as Twitter is facing a new exodus thanks to the behaviour of its mercurial owner – and it may not recover, reports Io Dodds

X Corp: "While some advertisers may have temporarily paused investments because of a misleading and manipulated article, the data will tell the real story," Yaccarino said in the Sunday night note to employees seen by Reuters, adding that X has been clear about its efforts to fight antisemitism and discrimination.

Social media company X CEO Linda Yaccarino told employees that data will tell the real story about its efforts to battle antisemitism, according to a note to employees, amid growing outrage over the... -November 20, 2023 at 04:42 pm EST - MarketScreener