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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.
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  • 42% of the sources are Center, 42% of the sources lean Right
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Techmeme broke the news in California, United States on Thursday, January 30, 2025.
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