Elon Musk’s acquisition of Twitter last week has resulted in at least six major companies withdrawing their advertising over worries about how he will impact content moderation policies on the platform.
General Mills and Audi recently stated that they are pausing advertising on Twitter following Elon Musk’s acquisition of the platform. Musk responded to advertisers in general stopping their ad buys, saying the company has a “massive drop in revenue,” adding that he feels the drop is “Extremely messed up! They’re trying to destroy free speech in America.”
General Mills informed its retail customers that prices would rise on hundreds of its items throughout dozens of its brands in mid-January, according to a report.
The breakfast cereal and packaged-foods company says prices will rise and costs are expected to be up 7 percent.
