See every side of every news story
Published loading...Updated

Amazon Raises Its Ad Spending on Elon Musk’s X, in Major Reversal: WSJ

  • Amazon is increasing its advertising spending on X after previously pulling back due to concerns about hate speech, as reported by the Wall Street Journal.
  • Apple is considering testing ads on X after halting its advertising in 2023, according to the same report.
  • Musk's leadership and recent alliances may be influencing advertisers' renewed interest in X, as noted by various sources.
  • X's adjusted EBITDA for 2024 was reported at $1.2 billion, with a significant decrease in cash on hand since Musk's acquisition.
Insights by Ground AI
Does this summary seem wrong?

29 Articles

All
Left
2
Center
6
Right
5
Right

Amazon increased the number of ads hired on X after withdrawing them less than a year ago claiming the hate speech that was lived on the old Twitter. Along with Jeff Bezos’ company, Apple is also studying to reinvest in Elon Musk’s social network, which it also abandoned.]]>

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 46% of the sources are Center
46% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Techmeme broke the news in California, United States on Thursday, January 30, 2025.
Sources are mostly out of (0)