Elon Musk said U.S. ad revenue for X, formerly known as Twitter, was down 60% in a series of tweets Monday, and blamed it on critical statements from the Anti-Defamation League, going so far as to threaten a lawsuit against the group.
Musk said that advertisers have told the company they’re receiving pressure from the ADL, a Jewish non-governmental organization that seeks to fight antisemitism and extremism around the world, to not advertise on X.
He went on to say, “If this continues, we will have no choice but to file a defamation suit against, ironically, the ‘Anti-Defamation’ League.”
This comes after the ADL released multiple reports saying antisemitic posts have spiked on X since Musk purchased the platform, unblocked a number of users who had previously been kicked off the site for violating hate speech policies and loosened the platform’s content moderation policies.
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