The company, which has also discussed testing ads on the platform, previously pulled its dollars from the site in 2023 after X's failure to remove antisemitic posts.
New financials from X show growth in the last quarter of 2024. News of several large advertisers returning the the platform could boost signs of a continued rebound.
Amazon (AMZN) is ramping up ad spending on Elon Musk's social media platform X, and the decision to do so involved CEO Andy Jassy, WSJ reported Thursday, citing people familiar with the situation.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Thursday
Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
A quick blurb in a larger story about increased advertising spend from Amazon suggests Apple may have considered resuming ads on X, but recent controversial acts by Elon Musk may affect its decision.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
Boosted by strong demand and company forays into health care and digital transformation of government, Amazon stock moves into buy range.
MICHAEL BROWN is a Partner at Shield Capital, a Senior Distinguished Fellow at the Institute for Security and Technology, and former Director of the Defense Innovation Unit at the U.S. Department of Defense.