The Financial Times reported that Musk called the chief executives of companies that stopped spending money on advertising on the micro-blogging site.
According to the report, a number of leading media buyers and advertising agencies say that almost all of the major brands they act for have stopped spending money on social media sites.
Musk called CEOs to chastise them, but his actions have backfired, according to the newspaper.
Half of the top 100 advertisers have stopped advertising on the platform due to controversy and warnings from media buyers. According to a report by Media Matters, Meta, Coca-Cola and Kellogg's are included.
Four industry figures told the Financial Times that agencies don't have a lot of communication with the ads business team because so few people were laid off. It was nearly impossible to launch campaigns due to the bug-ridden ad systems. It is unusual. Nothing of this magnitude has ever been done before. The executive of a big four advertising agency said never. The president of the NAACP urged advertisers to stop using the social networking site because of Musk's decision.
All advertising should be stopped now.
Musk used agarbage poll to determine if he should allow Trump to return.
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