X could lose as much as $75-million in advertising revenue by the end of the year, the New York Times reported.
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Paris mayor Anne Hidalgo announced she was quitting X, calling it a “gigantic global sewer” that was “destroying our democracies”.
IBM’s move came after a report found its ads were placed next to content promoting Adolf Hitler and the Nazi Party.
Elon Musk has endorsed an antisemitic post on X that attacked members of the Jewish community.
Elon Musk’s artificial intelligence start-up, xAI, will be integrated into his social media platform X.
X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for it a year ago.
Elon Musk said on Friday that X will soon launch two new tiers of premium subscriptions.
X will test a new subscription model under which it will charge a $1 annual fee for basic features.
The European Union has opened an investigation into Elon Musk’s X, the first under new EU tech rules.
Elon Musk’s X said it scrubbed or labelled tens of thousands of posts since the Israel-Hamas war erupted.