Over 10 mn people signed up for X in Dec: CEO Linda Yaccarino

by IANS |

San Francisco, Dec 8 (IANS) Elon Musk-run X CEO Linda Yaccarino has said that over 10 million people have signed up for X so far in December.

"More than 10 million people have signed up for X so far this December!" she posted on Thursday. This comes after reports speculated that X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pulled out their marketing campaigns after the tech billionaire endorsed an anti-Semitic conspiracy theory last month.

According to the internal documents seen by The New York Times this week, over 200 ad units of companies like Airbnb, Amazon, Coca-Cola, Microsoft, and others have halted or are considering pausing their ads on X.

Last week, retail giant Walmart confirmed that it is not advertising on X. In October, data found that X lost over half a billion user visits in September, and the platform dropped to seventh place on the global ranking, behind Instagram.

In September, X's traffic dropped from 6.4 billion to 5.8 billion, a loss of 10 per cent, according to new SimilarWeb data.

Of the 176 countries that visited X in September, 83 per cent saw a month-on-month decline in visits. Musk recently stunned the world when he told advertisers to "go f*** yourself" after some top companies pulled advertising on his platform over his endorsement of anti-Semitism.

However, he later apologised for what he called his "dumbest" social media post to date.

Latest News
Sensex closes lower, midcap and smallcap outshine largecap stocks Wed, Jul 24, 2024, 05:04 PM
SC mulls formation of expert panel to resolve grievances of protesting farmers Wed, Jul 24, 2024, 04:59 PM
Will further strengthen our friendship with India: Bhutanese PM after meeting Gautam Adani Wed, Jul 24, 2024, 04:48 PM
More lung cell types infected by SARS-CoV-2 than previously thought: Study Wed, Jul 24, 2024, 04:36 PM
Telangana MLA performs two emergency C-sections in flood-hit Bhadrachalam Wed, Jul 24, 2024, 04:27 PM
Paris Olympics: 'I am attacked because I am black', German flag bearer Dennis Schroder speaks on racism Wed, Jul 24, 2024, 04:18 PM
Typhoon Gaemi pounds Philippines, killing at least eight Wed, Jul 24, 2024, 04:11 PM
Budget session: Odisha Assembly witnesses repeated adjournments on third day Wed, Jul 24, 2024, 04:09 PM
Centre lacks 'fairness', no point attending NITI Ayog meeting: Shivakumar Wed, Jul 24, 2024, 03:49 PM
Italian Air Force jet crashes during Ex Pitch Black in Australia, pilot safe Wed, Jul 24, 2024, 03:41 PM
'Upset' BJP minister meets Madhya Pradesh CM, party says all is well Wed, Jul 24, 2024, 03:27 PM
Centre to build 5,833 new EV charging stations along national highways Wed, Jul 24, 2024, 03:24 PM
Budget 2024 sets new precedent for prioritising job creation, skilling: Jayant Chaudhary Wed, Jul 24, 2024, 03:12 PM
South Korean space agency to spend 380.8 billion won to build 3 industrial parks Wed, Jul 24, 2024, 03:05 PM
Expressway projects to boost economy of 20 districts in Bihar Wed, Jul 24, 2024, 03:02 PM