News

X suspends pro-Hitler account as advertisers storm out

Published

2 years ago

August 18, 2023

ticker NEWS

At least two prominent brands temporarily suspended their advertising on the X platform after their ads were found to have appeared on an account that openly supported Hitler and the Nazi ideology.

The X platform, formerly known as Twitter, faced scrutiny as the liberal watchdog group Media Matters for America exposed that ads from several companies had surfaced on an account named “New American Union.”

This account was known to share memes and content expressing sympathy towards Hitler and the Nazis.

Both Gilead Sciences and NCTA confirmed their temporary ad pauses, with NCTA expressing its concerns over its ad placement next to such disturbing content.

Brands Resume Advertising

Sources suggest that Gilead Sciences and NCTA resumed advertising on the X platform after receiving explanations from the social media company regarding the situation. However, NCTA contested this claim, asserting that their ad pause remained in effect.

The “New American Union” account has since been suspended, marking a response to the controversy surrounding its content.

Media Matters had identified brands such as the Atlanta Falcons, Major League Baseball, Sports Illustrated, The Athletic, Office Depot, Samsung, Gallup, and USA Today, among others, whose ads had appeared on the “New American Union” profile before its suspension.

NCTA spokesperson Brian Dietz expressed the organization’s commitment to brand safety and highlighted the importance of responsible ad placement, emphasizing their proactive approach to addressing the issue.

X’s Explanation and Action

X provided clarification to the brands whose ads had appeared on the controversial profile, indicating that the ads were not intentionally placed there. Instead, the ads appeared due to targeting algorithms that were following individual users who had migrated to the pro-Nazi account.

The company emphasized that brands do not specifically request to be associated with certain content and that ad placement is determined by user behavior and targeting mechanisms.

Platform’s Response and Strategy

X confirmed the suspension of the “New American Union” account, asserting that the account’s reach and impact were minimal, thus limiting the effect of any ad impressions that occurred.

Under the leadership of CEO Linda Yaccarino, X has aimed to regain advertiser trust and loyalty following Elon Musk’s acquisition of the platform. The company has introduced a content moderation policy emphasizing “freedom of speech, not reach.”

News

Trump lands in Saudi Arabia for major deals

Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.

Published

15 hours ago

May 14, 2025

ticker NEWS

Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.

President Trump has officially landed in Saudi Arabia, kicking off a high-stakes four-day tour across the Middle East aimed at major economic wins.

Welcomed personally by Crown Prince Mohammed bin Salman, Trump’s arrival signals the start of key discussions with leaders from Saudi Arabia, Qatar, and the UAE.

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News

S&P 500 rebounds as Nvidia boosts tech shares

S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

Published

19 hours ago

May 14, 2025

Ahron Young

S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

In Short:
The S&P 500 rose 1% on Tuesday, buoyed by improving U.S.-China trade relations and strong performances from companies like Nvidia. Despite some concerns about high valuations, analysts showed cautious optimism for continued market growth due to positive economic data and government investments.

The S&P 500 rose on Tuesday, returning to positive territory for the year as easing U.S.-China trade tensions boosted investor confidence.

The index gained 1%, with the Nasdaq Composite increasing 1.8%. The Dow Jones Industrial Average fell by 166 points, or 0.3%, due to an 18% drop in UnitedHealth shares.

Nvidia’s stock led the market, advancing 6% after announcing the shipment of 18,000 artificial intelligence chips to Saudi Arabia. This news positively impacted peer companies such as Broadcom and AMD, which increased by around 4%.

Following this rally, the S&P 500 is now up 0.2% for 2025, after previously being down over 17% due to trade uncertainties. The market responded positively to news of a 90-day tariff pause between the U.S. and China, which contributed to a significant surge in stock prices.

Market analysts noted that improved sentiment stems from several factors, including the chip deal, easing inflation pressures, and anticipated tax cuts. The White House also announced a $600 billion investment in the U.S. economy.

In addition to the trade news, softer-than-expected inflation data in April, which reported a 2.3% increase in the consumer price index, further energised the market. Economists had predicted a 2.4% rate.

Investment experts express cautious optimism, acknowledging ongoing concerns surrounding high valuations and market concentration, but suggest that current data may lead to continued market growth in the short term.

News

Trump may accept Qatari jet as the new Air Force One

Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.

Published

2 days ago

May 13, 2025

ticker NEWS

Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.

The Trump administration is reportedly in talks with Qatar to use a royal aircraft as a potential temporary Air Force One.

The jet — owned by the Qatari royal family — would be retrofitted for presidential use and could be offered as a gift during Trump’s term, with the possibility of it being used again as part of his future presidential library.

While no final decision has been made, the deal raises logistical, diplomatic, and ethical questions around foreign gifts, presidential travel, and how Trump may symbolically separate himself from traditional norms.

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