Elon Musk Minimizes Mob Trolling On X As Paul Graham Says It Has 'Improved A Lot:' 'Water Off A Duck's Back'
Portfolio Pulse from Rounak Jain
Elon Musk, owner of Twitter now known as X, responded to venture capitalist Paul Graham's comment that Twitter has 'improved a lot' since Musk's acquisition. Graham noted a decrease in mob trolling, while Musk likened getting used to trolling to 'water off a duck's back.' The platform has been criticized for handling hate speech and misinformation, leading to ad withdrawals from companies like Apple Inc. and Walt Disney Co.
January 29, 2024 | 10:26 am
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Apple Inc. has pulled advertisements from Twitter following Musk's endorsement of a debunked conspiracy theory, which could impact the company's marketing strategy and public relations.
Apple's decision to withdraw ads from Twitter may reflect concerns about brand association with platforms handling hate speech and misinformation. This could lead to a negative perception among consumers and investors in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Walt Disney Co. has also stopped advertising on Twitter due to concerns over the platform's content moderation under Musk's leadership, which may affect Disney's marketing decisions and brand reputation.
Disney's withdrawal from Twitter advertising could signal a cautious stance towards platforms with content moderation issues, potentially impacting investor sentiment and consumer trust in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60