Shawn Lim
Nov 29, 2022

Elon Musk slams Apple for pulling ad spend from Twitter

He also accused Apple of threatening to remove Twitter from the App Store

Elon Musk slams Apple for pulling ad spend from Twitter

Twitter’s owner Elon Musk is unhappy that Apple has stopped advertising on the platform.

 

Musk fired off a series of tweets that slammed Apple for “hating free speech”, charging 30% for its App Store fees and threatening to remove Twitter from its App Store. He also tagged Tim Cook, Apple’s chief executive officer in one of his tweets, demanding an explanation.

 

According to The Washington Post, Apple was the top advertiser on Twitter in the first quarter of 2022, spending $48 million on ads on the platform. However, since Musk’s takeover of Twitter, holding company Omnicom has asked its clients, including Apple, to pause advertising on the platform out of concern for brand safety.

 

Apple has so far yet to respond to Musk's comments.

 

US-based non-profit organisation Media Matters reported that 50 of the top 100 advertisers, who spent $750m in 2022, had stopped Twitter advertising and a handful of others had curtailed spending on the platform.

 

Notable brands that have paused advertising on Twitter include VW, General Motors, Diageo, Heineken, Nestle, Coca-Cola, Mars and Ford.

 

(This article first appeared on CampaignAsia.com)

Source:
Campaign India

Related Articles

Just Published

1 day ago

Matchmaker, matchmaker, find me a mattress

Popular matchmaker Sima Taparia features in The Sleep Company's new wedding campaign, this time matchmaking mattresses.

1 day ago

Reliance-Disney merger creates a $8.5 billion media ...

The new entity is structured around three key divisions—entertainment, digital streaming, and sports.

1 day ago

Political tension meets platform drama

As big tech's entanglement with politics draws fresh scrutiny post-US election, Western platforms face a deepening trust crisis—from X's advertiser exodus to Meta's legal battles—while Asian tech firms vie to emerge as credible alternatives.

1 day ago

Dentsu Q3 2024 earnings: Japan's growth contrasts ...

Despite a robust 2.8% Q3 increase in Japan, Dentsu has downgraded its full-year outlook to flat (0%) due to a sharp fall in the APAC region.