financetom
Business
financetom
/
Business
/
Unilever Dropped From X Lawsuit Over Advertising Boycott
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Unilever Dropped From X Lawsuit Over Advertising Boycott
Oct 14, 2024 5:11 AM

07:27 AM EDT, 10/14/2024 (MT Newswires) -- Unilever ( UL ) has resolved a dispute with the social media platform X, according to a court filing Friday.

X said in a filing at a Texas federal court that it was dropping its claims against Unilever ( UL ), but its "claims against all other defendants are unaffected by this dismissal."

In its antitrust lawsuit filed in August, X alleged that the World Federation of Advertisers and its members conspired to deprive the social media platform of ad revenue after Elon Musk took over the company and loosened rules on inflammatory comments.

Unilever ( UL ) said it would resume advertising on X, "which has committed to meeting our responsibility standards to ensure the safety and performance of our brands on the platform," Reuters reported Saturday.

Unilever ( UL ) did not immediately reply to MT Newswires' request for comment.

Price: 62.78, Change: -0.01, Percent Change: -0.02

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AbbVie's Patch Baldness Study Finds High Hair Coverage Rates With Investigational Drug Upadacitinib
AbbVie's Patch Baldness Study Finds High Hair Coverage Rates With Investigational Drug Upadacitinib
Aug 21, 2025
AbbVie Inc. ( ABBV ) on Thursday released topline results from the second of two pivotal studies of the Phase 3 UP-AA clinical program evaluating the safety and efficacy of upadacitinib (RINVOQ; 15 mg and 30 mg, once daily) in adult and adolescent patients with severe alopecia areata (AA) with a mean baseline SALT score of 84.0 (approximately 16% scalp...
Gryphon to sell Shermco to Blackstone for about $1.6 billion
Gryphon to sell Shermco to Blackstone for about $1.6 billion
Aug 21, 2025
Aug 21 (Reuters) - Investment firm Gryphon Investors said on Thursday it had entered into a definitive agreement to sell its portfolio company, Shermco, to private equity funds affiliated with Blackstone in a deal valued at about $1.6 billion. ...
Reddit Insider Sold Shares Worth $7,837,383, According to a Recent SEC Filing
Reddit Insider Sold Shares Worth $7,837,383, According to a Recent SEC Filing
Aug 21, 2025
10:11 AM EDT, 08/21/2025 (MT Newswires) -- Jennifer L. Wong, Chief Operating Officer, on August 18, 2025, sold 32,379 shares in Reddit ( RDDT ) for $7,837,383. Following the Form 4 filing with the SEC, Wong has control over a total of 1,556,628 Class A common shares of the company, with 1,395,628 shares held directly and 161,000 controlled indirectly. SEC...
Astera Labs Insider Sold Shares Worth $3,461,184, According to a Recent SEC Filing
Astera Labs Insider Sold Shares Worth $3,461,184, According to a Recent SEC Filing
Aug 21, 2025
10:13 AM EDT, 08/21/2025 (MT Newswires) -- Michael Truett Tate, Chief Financial Officer, on August 18, 2025, sold 18,861 shares in Astera Labs ( ALAB ) for $3,461,184. Following the Form 4 filing with the SEC, Tate has control over a total of 259,512 common shares of the company, with 259,512 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1736297/000173629725000114/xslF345X05/wk-form4_1755736017.xml Price: 177.65, Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved