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Elon Musk says X Corp. will donate advert and subscription income tied to Gaza warfare

admin by admin
November 21, 2023
in Cyber Security
0
Elon Musk says X Corp. will donate advert and subscription income tied to Gaza warfare

Elon Musk faces backlash over X put up


Elon Musk faces backlash from lawmakers, companies over endorsement of antisemitic X post

02:23

Elon Musk mentioned that X Corp. will donate any income the social media platform generates from promoting and subscriptions linked to the war in Gaza to hospitals in Israel in addition to to the Purple Cross in Gaza. The transfer comes amid a growing backlash in opposition to Musk after he expressed help for an antisemitic put up on X.

“We’ll monitor how funds are spent and undergo Purple Cross/Crescent. Higher concepts are welcome. We should always care in regards to the harmless no matter race, creed, faith or the rest,” the billionaire wrote on X, previously referred to as Twitter. Musk in July renamed Twitter as X Corp. after his 2022 acquisition of the service.

Musk, who ceaselessly makes use of X as a discussion board to share his views and his firm’s accomplishments, added, “We should always do no matter we will to construct a greater future for all.”

The pledge to donate advert and subscription income did not initially specify how a lot is likely to be raised from the hassle. It comes after Musk’s endorsement of the antisemitic post drew condemnation from a variety of critics and teams such because the Anti-Defamation League, an advocacy group that works to fight hate in opposition to Jewish folks. 


Advertisers pull back from X after Elon Musk endorses antisemitic post

01:49

The billionaire’s remark was made in response to an X person’s put up that claimed Jews “have been pushing the precise sort of dialectical hatred in opposition to whites that they declare to need folks to cease utilizing in opposition to them.” Musk responded, “You’ve got mentioned the precise fact.”

Across the identical time, a report from Media Issues claimed that some advertisements had appeared subsequent to neo-Nazi content material on X. Musk disputes that declare and filed a lawsuit in opposition to the left-leaning watchdog group on Monday, alleging it mischaracterized its findings.

But a number of big advertisers, together with Comcast, IBM and Warner Bros., have since mentioned they might droop or halt their promoting on X following the Media Issues report and Musk’s help of the antisemitic put up. 

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Aimee Picchi

Aimee Picchi is the affiliate managing editor for CBS MoneyWatch, the place she covers enterprise and private finance. She beforehand labored at Bloomberg Information and has written for nationwide information shops together with USA Immediately and Shopper Reviews.

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