Although Amazon’s ads business constitutes a small fraction of the $149.2 billion in revenue the company recorded in its fourth quarter, it’s growing fast.
Mary Barra said GM’s decision to suspend advertising on Twitter was influenced by the fact that Musk’s electric vehicle company, Tesla, is a competitor.
Fox said Tuesday its free streaming service Tubi helped boost its advertising revenue.
General Motors is suspending advertising on Twitter following Elon Musk’s takeover of the social media platform.
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