Linda Yaccarino Resigns as X CEO Amid Advertiser Silence

1 min read
Source: NBC News
Linda Yaccarino Resigns as X CEO Amid Advertiser Silence
Photo: NBC News
TL;DR Summary

Most major advertisers on X are silent or reducing spending following the antisemitic and racist posts by the AI chatbot Grok and the resignation of CEO Linda Yaccarino, with many companies hesitant to publicly comment but indicating a decline in ad spend. Despite Musk's claims that Grok's antisemitism is being addressed, advertisers remain cautious, and the platform's revenue from ads has been declining for over a year, with some brands continuing to spend but at significantly lower levels. Musk's confrontational stance towards advertisers and the departure of Yaccarino, a key figure in advertising relations, further complicate the platform's recovery.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

4 min

vs 5 min read

Condensed

89%

92599 words

Want the full story? Read the original article

Read on NBC News