ARCHIVE

ARCHIVE

From "Go F*** Yourself" to "See You in Court"

By The Malketeer 

X Launches $Billion Lawsuit Against ‘Boycotting’ Advertisers!

In a stunning turn of events, Elon Musk‘s social media platform X (formerly Twitter) has declared war on major advertisers, filing a bombshell lawsuit that’s set to shake the advertising world to its core.

The Gloves Come Off: X vs. The Ad Giants

X has launched a no-holds-barred legal assault against several big-name advertisers and the World Federation of Advertisers (WFA), accusing them of orchestrating an “illegal boycott” that has cost the platform billions in lost revenue.

The lawsuit, filed in a Texas federal court, names industry heavyweights like Unilever, Mars Inc, CVS Health, and Orsted as defendants.

Elon’s Explosive Expletives Revenge

Remember when Musk told fleeing advertisers to “go f*** yourself”?

Well, it seems he’s traded verbal jabs for legal punches.

The maverick billionaire didn’t mince words, declaring on X: “We tried peace for two years, now it is war.”

This aggressive stance marks a dramatic escalation in the ongoing tension between X and the advertising industry.

The Conspiracy Theory That Could Cost Billions

At the heart of the lawsuit is a bold claim: X alleges that the WFA’s Global Alliance for Responsible Media (GARM) conspired with advertisers to withhold “billions of dollars” in ad spend.

The reason?

Concerns that X might “deviate from certain brand safety standards for advertising.”

But is this a legitimate worry or a smokescreen for something more sinister?

Nazi Content and Antisemitism: The Powder Keg Ignites

The lawsuit comes in the wake of a mass advertiser exodus in November 2023, triggered by concerns about ads appearing alongside pro-Nazi content and hate speech.

Musk’s controversial endorsement of an antisemitic conspiracy theory only added fuel to the fire, sending more advertisers running for the hills.

David vs. Goliath: Can X Take On the Ad Industry and Win?

X isn’t pulling any punches in its legal strategy.

The platform is citing a July 2023 report by the House Judiciary Committee, which suggested that GARM’s practices might violate antitrust laws.

With X seeking unspecified monetary damages and injunctive relief, the stage is set for a titanic legal battle that could reshape the digital advertising landscape.

The Plot Thickens: Rumble Joins the Fray

In a surprising twist, video-sharing platform Rumble, a favourite among right-wing influencers, has filed a similar lawsuit against the WFA.

Could this be the beginning of a broader pushback against perceived censorship in the digital advertising space?

As this high-stakes legal drama unfolds, one thing is clear: the war between Elon Musk’s X and the advertising industry is far from over.

Will X’s bold gambit pay off, or will it backfire spectacularly?

Stay tuned for what promises to be a rollercoaster ride through the treacherous intersection of social media, free speech, and corporate power.

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