X relies heavily on advertising revenue, although Musk has announced plans to diversify into areas such as subscriptions and paid
Ensured by Elon Musk. In an interview, the ultra-rich tycoon and owner of X told advertisers who stopped listings on the social media platform because of his support for an anti-Semitic post to “f@@@ them”.
In an interview with Andrew Ross Sorkin at The New York Times Dealbook Summit yesterday, Musk said that a recent exodus of big brands from the medium — which includes IBM, Apple, Walt Disney, Comcast and Warner Bros – “it would kill the company. and the whole world will know that advertisers killed the company.”
But at the same time, Musk, who bought X for $44 billion in October 2022, dismissed the idea of ​​them… coming back. “Don’t advertise… If someone is going to try to blackmail me with advertising, blackmail me with money,” come on c@@@sit. Come on f@@@you. It is clear; I hope it is”.
In an apparent nod to Disney CEO Bob Iger, he added with a laugh: “Hey Bob, if you’re in the audience. That’s how I feel”.
X relies heavily on advertising revenue, although Musk has announced plans to diversify into areas such as subscriptions and payments.
Despite the profanity during the interview, Musk apologized for his post about the anti-Semitic tweet, calling it “perhaps one of the dumbest, if not the dumbest, things I’ve ever done on the platform.” He also dismissed the idea that he is anti-Semitic, insisting that he has been misunderstood.
Musk earlier this week visited Israel for the first time with Prime Minister Benjamin Netanyahu and toured the areas attacked by Hamas on October 7.
Source :Skai
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