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The smart trade pro co -founder, Dr. Barton, says that Amazon plays an important role in the AI game and that goal is having a “rebound.”
Amazon has increased its advertising expenditure by X, which is owned by Elon Musk, more than a year after he eliminated many of his platform ads, according to a report.
Other companies such as Apple reduced some or all their expenses on concerns of a hate speech to the growing after Elon Musk, a confidant of President Donald Trump and the head of the Government’s efficiency department, bought the platform in 2022.
Musk has called himself an “absolutist of freedom of expression.”
Apple, who reduced all his expenses in X in 2023, is now reassessing, like other brands, the Wall Street Journal reported.
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The Amazon logo is shown outside Amazon UK Services Ltd Warehouse on January 30, 2025, in Warrington, the United Kingdom (Nathan Stik / Getty images) / Getty images)
But some companies are returning to the platform with the purchases of advertisements even much lower than before Musk bought Twitter, which renamed X, according to the Journal.
The founder of Amazon, Jeff Bezos, and other CEO of Technology, such as Meta Mark Zuckerberg, Apple Tim Cook chief and Google CEO, Slándar Pichai, attended Trump’s inauguration last week, and Amazon, Amazon, Meta and Apple donated to Trump’s inaugural committee.
The new advertising income could be crucial for X, which is still fighting after Musk bought it for $ 44 billion.
The founder of Amazon, Jeff Bezos, the CEO of Google, Susso Pichai and the owner of X, Elon Musk, at the inauguration. (Saul Loeb-Pool / Getty Images / Getty Images)
“The growth of our users is stagnant, the income is not impressive and we are barely reaching a balance point,” Musk revealed in a letter this month to the staff, the Journal reported, and added that Musk has denied sending the email.
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Last summer, X filed a federal antimonopoly demand against the global alliance for responsible media, the World Federation of Advertisers (WFA) and the members of Garm CVS Health, Mars, Orsted and Unilever, claiming an illegal boycott of ads of the platform .
Fox Business has communicated with Amazon to comment.
