Elon Musk Threatens To Sue Anti-Defamation League For X’s Lost Ad Revenue

Elon Musk said Monday that X, formerly known as Twitter, has “no choice” but to file a defamation lawsuit against the Anti-Defamation League amid an ongoing slump in advertising revenue.

Musk said the tech giant’s advertising revenue was down 60% in the U.S. following his acquisition of the company last year for $44 billion. His tenure has been rocky, to say the least: X has laid off thousands of staffers and Musk has enacted dramatic changes to limit features, paywall others and promote the site as a new bastion for free speech. That included an amnesty program for suspended accounts that prompted groups — including the ADL — to warn the changes would lead to an increase in harassment and hate speech.

But Musk said he blamed the fall in ad dollars on the ADL ― which works to combat hate against Jewish people ― saying the group had falsely accused X and Musk of being anti-Semitic.

“Based on what we’ve heard from advertisers, ADL seems to be responsible for most of our revenue loss,” Musk wrote on Monday. “Giving them maximum benefit of the doubt, I don’t see any scenario where they’re responsible for less than 10% of the value destruction, so ~$4 billion.”

The ADL said it does not comment on legal threats but added the attacks were on par with those seeking to limit civil rights watchdog.

“ADL is unsurprised yet undeterred that antisemites, white supremacists, conspiracy theorists and other trolls have launched a coordinated attack on our organization,” a spokesperson for the group said. “This type of thing is nothing new.”

The ADL noted that it recently participated in the 60th Anniversary of the March on Washington and met with executives at X, acts that “clearly upset these hateful groups.”

“Such insidious efforts don’t daunt us,” the spokesperson continued. “Instead, they drive us to be unflinching in our commitment to fight hate in all its forms and ensure the safety of Jewish communities and other marginalized groups.”

X filed suit in August against the Center for Countering Digital Hate, saying it had spread “false” claims about a surge in hate speech on the platform.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Secular Times is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – seculartimes.com. The content will be deleted within 24 hours.

Leave a Comment