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Musk’s X Sues Group Over Ad Boycott That Cost Billions

Elon Musk’s social platform X filed a lawsuit accusing an industry group of violating antitrust laws for an advertising boycott that cost the social media company billions of dollars. Bloomberg’s Kurt Wagner joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of…

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Elon Musk’s social platform X filed a lawsuit accusing an industry group of violating antitrust laws for an advertising boycott that cost the social media company billions of dollars. Bloomberg’s Kurt Wagner joins Ed Ludlow on “Bloomberg Technology.”
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29 Comments

29 Comments

  1. @pebre79

    August 7, 2024 at 3:51 pm

    Since when have boycotts become illegal?

    • @dimi3446

      August 7, 2024 at 6:19 pm

      When they become monopolized.

  2. @MonsterTurner1

    August 7, 2024 at 4:15 pm

    Hilarious

  3. @gorkembaydar

    August 7, 2024 at 4:18 pm

    It’s the WFA, World Federation of Advertisers. Since Bloomberg doesn’t appear to be interested to disclose who’s being sued 💁‍♂️

  4. @jonathanlaue3460

    August 7, 2024 at 4:18 pm

    Typical left wing Bloomberg failing to understand how corrupt big advertisers are trying to push BS agendas. Advertisers should go F#CK themselves for their behaviour. Bloomberg should too for taking their side.

  5. @PaulLembo

    August 7, 2024 at 4:28 pm

    Illegal? 😂

  6. @felipenachmanowicz9393

    August 7, 2024 at 4:35 pm

    lol, I don’t think they can scare them with nonsensical lawsuits. They’re corporations with lawyers…..
    “mama free speech”

  7. @felipenachmanowicz9393

    August 7, 2024 at 4:42 pm

    Anti competitive behavior….. but I mean………..
    who exactly is competing with X?

  8. @MonsterTurner1

    August 7, 2024 at 4:47 pm

    Musk: Free Market + Free Speech

    Also Musk: WAIT! Not like that!!!

    • @guoliangzhong6376

      August 7, 2024 at 8:13 pm

      Qqqqqqqqqqqqqqqqqqqqq❤q❤❤❤ Qqqq❤qqq❤❤qq❤q❤qq❤qqq❤ qqq Qqqq Q we qqqqqqqq❤q we qqqqqqqqqqqqqqqqq❤qqqqqq❤❤w

  9. @wm6746

    August 7, 2024 at 5:05 pm

    🤣🤣🤣🤣 I thought he told them to F themselves.. that he did not need them…🤡🤡🤡🤡🤡🤡🤡🤡

  10. @skyak4493

    August 7, 2024 at 5:09 pm

    My recollection of the “boycott” was that Musk turned off all the content controls, and the resulting explosion of vulgar and violent tweets repulsed all of the big brand advertisers. The advertisers had a legitimate right to NOT pay to have their brand on a tweet that was insulting. These same companies fire employees if they say such things.
    I don’t know what the target of this lawsuit did but the billion dollars of adds pulled were the result of Elon’s actions and nothing else.

  11. @jesuis8962

    August 7, 2024 at 5:11 pm

    X is the 21st century nazi swastika.

  12. @VentoRacing1

    August 7, 2024 at 5:21 pm

    Elon Musk in suffering from the same mental illness that has afflicted his father for years. It is sad to see him destroying everything he has helped to build. He needs to seek professional treatment before he completely destroys it all taking billion of investor money down with him.

  13. @DaretoExplore

    August 7, 2024 at 5:26 pm

    Elon is bold to put himself on trial. That’s sure to blow up in his face. Why would he think companies are legally required to advertise with him?

  14. @scoty_does

    August 7, 2024 at 5:34 pm

    Wow being an A-hole does brand damage, WHAAAAAT? I can’t wait to see the defense try to quantify how much of an A-hole Elon has become and how it effected his businesses. TSLA is down 50% off of its all time high?

  15. @JordinaPeterson

    August 7, 2024 at 5:38 pm

    !!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated

    • @VictoriaCharani

      August 7, 2024 at 5:39 pm

      You need an expert. I’m guided by Adviser Bruce Murdock a widely known consuitant.

    • @Paulinacartex

      August 7, 2024 at 5:39 pm

      I managed to grow a nest egg of around 120k to over a Million. I’m especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market.

    • @VictoriaCharani

      August 7, 2024 at 5:39 pm

      My colleagues had a good laugh at me when I told them I started my journey with $50k capital and how I accumulated over 6 figures within a span of 7 months. They never believed me until I pulled out my P&L.

      I know that learning the ins and outs of the market isn’t for everyone, that’s why personally, Bruce Murdock oversees my investments.

    • @Paulinacartex

      August 7, 2024 at 5:39 pm

      Without a doubt! Bruce Murdock is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.

    • @Paulinacartex

      August 7, 2024 at 5:40 pm

      look up his name on the web for his website.

  16. @mrobinson

    August 7, 2024 at 6:01 pm

    Your Bloomberg staff – Kurt , is so obviously biased it’s sickening! Are there no journos with integrity left?

  17. @santostv.

    August 7, 2024 at 6:02 pm

    😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

  18. @dans3727

    August 7, 2024 at 6:53 pm

    Dumbest lawsuit ever. Cannot force advertisers to buy your crappy product. Musk is an idiot.

  19. @matriix18

    August 7, 2024 at 7:12 pm

    He told the advertisers to F themselves

  20. @francessimmonds5784

    August 7, 2024 at 7:24 pm

    Thought musk was for free enterprise. Well, advertisers are free to advertise on x or not. musk is such a f ing psycho baby. He’s proven to be dangerous in so many ways, Ukraine and star link, iffy money to trump, stirring up unrest in the uk etc.etc.etc.

  21. @kersplatte

    August 7, 2024 at 7:33 pm

    “Fuck off advertisers!” -musk

  22. @Nine-zz6cs

    August 7, 2024 at 7:38 pm

    Like you said <<<< he Talks Trash about competition so competition can say same < and in USA we can say wtF we like < this is not china or russia < fuck Elon and his ideas of dictator <<<<<<<<<

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Trump’s CHIPS Act, DraftKings’ Other Bets | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0. Chapters: 00:04:49 – US Bank Asset Management Group CIO Eric Freedman 00:16:59 –…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0.

Chapters:
00:04:49 – US Bank Asset Management Group CIO Eric Freedman
00:16:59 – DraftKings CEO Jason Robins
00:33:37 – Delta Blockchain Fund General Partner Kavita Gupta
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Crypto’s Trump Enthusiasm

Delta Blockchain Fund General Partner Kavita Gupta says the election of Donald Trump has been the biggest boon for crypto as markets expect more crypto clarity from the new administration. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the…

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Delta Blockchain Fund General Partner Kavita Gupta says the election of Donald Trump has been the biggest boon for crypto as markets expect more crypto clarity from the new administration. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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DraftKings Would Expand Outside of Sports If Legal: CEO

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the future of the CHIPS Act as Donald Trump returns to Presidency and DraftKings CEO Jason Robins joins on their latest earnings and revised forecasts. Plus, cryptos gets a potential big boost under Trump 2.0.
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