Elon Musk-led X's Latest Lawsuit Forces Global Alliance For Responsible Media To Suspend Operations: Report

Quick Summary:

What Happened: On Thursday, the World Federation of Advertisers, or WFA informed its members about the discontinuation of GARM’s activities, reported Business Insider, citing an internal email.

WFA’s CEO, Stephan Loerke, wrote to members via email that the decision was “not made lightly,” considering GARM’s status as a not-for-profit organization with limited resources.

The Global Alliance for Responsible Media or GARM has reportedly announced a suspension of its operations after an antitrust lawsuit was filed by Elon Musk’s social media company, X, formerly Twitter.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Benzinga Benzinga neuro News RUM Stories That Matter Tech Consumer Tech GARM Antitrust lawsuit Media Global Alliance for Responsible Media Elon Musk Legal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 05:26:14 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 21995106

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