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Elon Musk-led X Joined By Rumble In Advertisement Antitrust Lawsuit: 'There May Also Be Criminal Liability Via The RICO Act,' Says Tech Mogul

Benzinga LogoBenzinga12h ago

Elon Musk-led X Joined By Rumble In Advertisement Antitrust Lawsuit: 'There May Also Be Criminal Liability Via The RICO Act,' Says Tech Mogul - Benzinga

Quick Summary:

Sharing the development on X, Rumble’s official account stated, “Rumble has joined X to sue a cartel of advertisers and ad agencies who conspired to block ad revenue from going to certain platforms and content creators.”

See Also: Nvidia Faces DOJ Probe, Biden’s Semiconductor Rule, Microsoft’s Copilot Success, Meta’s Llama 3.1: This Week In AI

Sharing the post, Musk said, “Everyone who has been boycotted should file a lawsuit in every country they've been boycotted.” Everyone who has been boycotted should file a lawsuit in every country they've been boycotted — Elon Musk (@elonmusk) August 6, 2024 In another post, the tech mogul said he strongly encourages companies that have faced systematic ...


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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 04:43:06 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21965035

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 17 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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