HomeBusinessAfter Musk takeover, Allianz stops Twitter paid ads.

After Musk takeover, Allianz stops Twitter paid ads.

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  • German insurance company Allianz has stopped running paid advertisements on Twitter, joining companies including General Motors, Audi, Volkswagen Group, Pfizer, Carlsberg Group, Mondelez International, and General Mills.
  • Elon Musk, the billionaire CEO of Tesla, took control of the social networking platform prior to the change.
  • Additionally, the advertising firm Interpublic Group recommended its clients to pause their Twitter advertising.

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