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Advertisers ‘won’t take risk’ of returning to X after Elon Musk’s expletive-filled rant
Advertisers ‘won’t take risk’ of returning to X after Elon Musk’s expletive-filled rant
Advertisers are refusing to return to X – formerly Twitter – after the platform’s owner Elon Musk told them to “go f*** yourselves” if they try to pull their marketing from the microblogging site. After Mr Musk was accused of antisemitism last month, a number of the world’s biggest companies and X’s biggest advertisers, including Apple and IBM, pulled their marketing from the platform. While the Tesla chief initially said he was “sorry” and denied any suggestion he was antisemitic, he later added that advertisers who withdrew their marketing from X because of his tweet should “go f*** yourselves”. “If someone is going to try to blackmail me with advertising, blackmail me with money? Go f*** yourself. Go f*** yourself. Is that clear? I hope it is,” Mr Musk said at the New York Times’ Dealbook Summit. “The whole world will know that those advertisers killed the company and we’ll document it in great detail,” he added. Now, a number of marketing agencies say the brands they represent are firmly against returning to advertising on X. “Thank you Elon Musk, for making it very clear how seriously you take advertisers concerns... Advertisers, judge for yourselves if this is a man who you can do business with,” Lou Paskalis, the founder and chief of the marketing consultancy AJL Advisory, posted on X. “There is no advertising value that would offset the reputational risk of going back on the platform,” Mr Paskalis told NYT. Advertisers are unlikely to step in to support X, said Ruben Schreurs, the chief strategy officer at marketing firm Ebiquity. The row began last month after Mr Musk endorsed a post claiming that Jewish people “have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them” as the “actual truth”. In response, a number of top companies, including Apple, Disney and Coca Cola, have since removed paid ads from X – moves that could slash the company’s revenue by millions of dollars. Watchdog Media Matters also published a report alleging that ads on X were being placed next to posts supporing Nazism, in response to which the social media company filed a defamation claim against the group. Mr Musk’s rank at the Dealbook Summit came come on Wednesday. “I will certainly not pander,” the multibillionaire said. He even took a direct jab at Disney chief Bob Iger who had earlier explained why the entertainment company had pulled advertising from X. Just hours after Mr Musk’s expletive-laden comment on Wednesday, X chief Linda Yaccarino attempted to soften the damage, sharing the owner’s apology on the platform and appealing to advertisers to return. “Here’s my perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street — and the X community is powerful and here to welcome you,” Ms Yaccarino said. “Businesses are simply full of people, and people like to be treated well, respected and dealt with with dignity,” Steve Boehler, founder of marketing management consultancy Mercer Island Group, told NYT. Read More Everything we know about Tesla’s Cybertruck after first cars are delivered Musk says antisemitic tweet was ‘foolish’ – but blames media for angry reaction Elon Musk believes OpenAI may have made ‘dangerous’ discovery OpenAI may have made a ‘dangerous’ artificial intelligence discovery, Elon Musk says Elon Musk publicly tells advertisers to ‘go f*** yourselves’ Elon Musk mocked for trying to resurrect QAnon Pizzagate conspiracy
2023-12-01 19:20
Sean Strickland urges fans to stop idolizing 'POS' Andrew Tate, Internet says 'we wanna see the sparring session'
Sean Strickland urges fans to stop idolizing 'POS' Andrew Tate, Internet says 'we wanna see the sparring session'
Sean Strickland calls Andrew Tate a 'piece of s**t', keep reading to know what happened
2023-08-06 21:22
Linda Yaccarino: NBCUniversal's advertising head in talks to become Twitter's next CEO as Elon Musk steps down
Linda Yaccarino: NBCUniversal's advertising head in talks to become Twitter's next CEO as Elon Musk steps down
Linda Yaccarino reportedly played a pivotal role in the launch of NBCU's ad-supported Peacock streaming service
2023-05-12 10:51
Get over 1,000 hours of cybersecurity training for under £60
Get over 1,000 hours of cybersecurity training for under £60
TL;DR: An InfoSec4TC Platinum Membership is on sale for £55.46, saving you 75% on list
2023-05-14 12:20
Exclusive-OpenAI plans major updates to lure developers with lower costs -sources
Exclusive-OpenAI plans major updates to lure developers with lower costs -sources
By Krystal Hu and Anna Tong OpenAI plans to introduce major updates for developers next month to make
2023-10-12 15:21
Demand for Custom AI Bots Leads to Hiring Push at India IT Firm
Demand for Custom AI Bots Leads to Hiring Push at India IT Firm
Companies across industries are asking for safe and reliable ways to use ChatGPT-like services, creating an opportunity for
2023-06-14 07:52
SimScale Announces A.I. Based Physics Simulation Launch
SimScale Announces A.I. Based Physics Simulation Launch
MUNICH--(BUSINESS WIRE)--Sep 21, 2023--
2023-09-21 13:25
Florida’s ‘Last Resort’ Property Insurer Is Now State’s Biggest
Florida’s ‘Last Resort’ Property Insurer Is Now State’s Biggest
Florida is the fastest-growing US state and, with more than 8,000 miles (12,875 kilometers) of coastline, one of
2023-08-10 20:59
How to Get FIFA 23 Compensation for the TOTS or TOTS Moments Upgrade SBC
How to Get FIFA 23 Compensation for the TOTS or TOTS Moments Upgrade SBC
FIFA 23 compensation details for those affected by the TOTS or TOTS Moments Upgrade SBC error.
2023-07-01 02:18
Roblox Earnings Miss Estimates on  a Drop in Player Spending
Roblox Earnings Miss Estimates on  a Drop in Player Spending
Roblox Corp. reported first-quarter bookings that beat analysts’ estimates and record average daily users, even while earnings fell
2023-05-10 22:57
Are ROH Wrestlers in AEW: Fight Forever?
Are ROH Wrestlers in AEW: Fight Forever?
There are no Ring of Honor wrestlers in AEW: Fight Forever. Only full-time AEW superstars are in the game at launch, like MJF, Britt Baker, and Bryan Danielson.
2023-06-28 03:45
Fire Chiefs Gain Critical Access to Drone Tech and Streamlined Procurement with Cooperative Purchasing
Fire Chiefs Gain Critical Access to Drone Tech and Streamlined Procurement with Cooperative Purchasing
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-14 21:20