• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunityAbout Us
Contact Us
Social Media
Region
🌏International
Region
🌏International

Copyright © 2023-2026 Traderknows Ltd. All rights reserved.

Contact
Home
/
News
/
X to Relaunch Political Advertising in the US, Gearing up for the 2024 Presidential Election

X to Relaunch Political Advertising in the US, Gearing up for the 2024 Presidential Election

TraderKnowsTraderKnows
2024-05-08
Summary:Social media company X will let U.S. candidates and parties post political ads. It plans to bolster security before the 2024 election to raise revenue, despite concerns about staff cuts and election readiness.

Social media company X (formerly Twitter) has announced that it will allow candidates and political parties in the United States to post political advertisements on its platform and plans to enhance its security and electoral team management before the 2024 presidential election.

Before being acquired by billionaire Elon Musk, Twitter had banned all political advertisements globally since 2019. In January of this year, Twitter lifted this ban and began allowing event-themed paid content to be published on the platform to raise awareness about voter registration. Simultaneously, the company plans to expand the types of political advertisements allowed on the platform.

Considering that many advertisers are withdrawing or reducing spending due to concerns over inappropriate content, X's decision to allow political advertisements will help increase company revenue. The company will continue to expand its departments and teams to address content manipulation and the challenges of "emerging threats."

X also plans to establish a global advertisement transparency center, where users can view political advertisements being promoted on the X platform at any time. The company emphasizes that it will continue to strictly prohibit the dissemination of false information or political advertisements that attempt to undermine public confidence in elections.

Similar to other social media companies, this platform has long faced sharp criticism from researchers and legislators for not taking sufficient measures during election periods to stop the spread of misleading or false content.

Since Musk's acquisition, X company has laid off thousands of employees, including those who worked in the trust and safety group, raising significant concerns about its ability to handle election advertisements in the U.S. presidential election.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next
Comments
0/1000
TraderKnows
Written byTraderKnows
Created date:2023-08-30 09:49
Last Updated:2024-05-08 09:26
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
Wiki
Acquisition

Acquisition refers to the process in which a company or individual gains control or ownership of a target company by purchasing its equity or assets.

Recent Post

Hormuz Strait Bottleneck Reshapes Global VLCC Deployment: Crude Supply Chain Rebuilding May Require…

19 hours ago

US-Iran Nuclear Talks Show Marginal Easing as Hormuz Strait Navigation Remains Key

19 hours ago

US Proposes 25% Tariff on Brazilian Goods Under Section 301, Shifting Focus to Conventional Trade P…

19 hours ago

US Diesel Inventories Hit Lowest Since 2003, Facing 20-Day Supply Threshold in August

19 hours ago

Vietnam May Trade Deficit Hits Record $5.21B Threatening 10% Growth Target

19 hours ago

US Futures Stall at Highs Amid Oil Rally and Asset Management Liquidity Concerns

19 hours ago

GBP Rangebound Amid Geopolitical Risks, Market Revalues BOE Rate Path

19 hours ago

German Lender Rejects Retail Deposit Price War as JPMorgan Expands in Germany

19 hours ago

OECD Warns Middle East Conflict Poses Downside Risks to Global Growth

19 hours ago

BoE's Greene Warns Prolonged Iran Conflict Strengthens Case for Rate Hikes

19 hours ago

S&P 500 Crosses 7600 to New Record as Wall Street Warns of Narrow Breadth and Crypto Retreats

19 hours ago

US Treasury Yields Edge Lower Amid JOLTS Surge and Volatile Oil Prices

19 hours ago

US Exchange Stocks Under Pressure Following Crypto Perpetuals Approval

19 hours ago

Global Forex Markets Consolidate as Traders Eye US Iran Talks and Yen Nears 160

19 hours ago

European Stocks Rise on STMicro AI Boost as Eurozone Inflation Hits 3.2%

20 hours ago

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.