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News | Elon Musk Flexes 'Truth In Advertising' On X Versus Instagram's Unchecked Sponsored Posts

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Elon Musk Flexes 'Truth In Advertising' On X Versus Instagram's Unchecked Sponsored Posts

225 Views / Article by Advert On Click / 1 September 2023
Source: benzinga
Elon Musk Flexes 'Truth In Advertising' On X Versus Instagram's Unchecked Sponsored Posts

In the latest comparison post between Elon Musk’s X, formerly Twitter, and Meta Platforms Inc.’s
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Instagram, the tech billionaire has highlighted the importance of “truth” and Community Notes.

What Happened: On Tuesday, a graphic designer at Dogecoin
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took to X and raised a red flag regarding sponsored gameplay advertisement.

The user, who goes by the name, Doge Designer on the microblogging site, said that a sponsored ad that misled users got Community Noted on X, wherever the identical advertisement on Instagram was being promoted without undergoing any fact verification.

In response, Musk, who acquired Twitter for $44 billion last year and rebranded it to X, said, “Finally having truth in advertising is awesome.”

The Zuckerberg-Musk Feud: The latest post has added a new chapter to the ongoing rivalry between Musk and Zuckerberg.

The feud gained momentum following the debut of Instagram’s Threads, a text-based application launched in July. Threads was positioned as a direct competitor to X, but its popularity reportedly experienced fluctuations after an initial surge in user sign-ups.

Why It’s Important: Earlier this year, Musk expressed confidence in the new Twitter CEO, Linda Yaccarino, stating that “almost all of the advertisers have said that, they’ve either come back or they said they will come back.”

Previously, Twitter, now X, had experienced an advertiser exodus, with many companies suspending their advertising spending on the platform over fears that their ads would appear near hate speech, disinformation, or other controversial content.

Tags Musk Advertising