Elon Musk's X Settles Lawsuit with Advertisers over Ads Boycott

Elon Musk's social media platform X has reached a settlement with the World Federation of Advertisers, ending a contentious legal battle that began in 2024 over allegations of an advertising boycott.

X sued the WFA in 2024 for conducting what it called a "systematic illegal boycott" of the platform after it saw a decline in advertising revenue following Musk's $44 billion takeover of the social network

July 29 : SpaceX's X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the now-defunct Global Alliance for Responsible Media (GARM).The move marks a reset in relations between Elon Musk's social media pla