Connect with us

Business

Elon Musk considers lawsuit against activist groups over boycott by advertisers

Published

on

New Twitter owner, Elon Musk is considering suing activist groups after they compelled advertisers to cancel the advertisement budget for the social media company in protest against the billionaire’s plan to allow “free speech”.

Musk had acquired Twitter for $44 billion to take the company private, enabling him to make certain changes in the firm, such as reviewing the content policy of the platform.

The billionaire had been critical with previous management of Twitter over their handling of users’ contents, stating that their content policy is was against freedom of speech.

With Twitter now relaxing its clampdown on controversial contents on the platform under Musk, about 40 activist organisations have written to 20 Chief Executive Officers of Fortune 500 firms to vow to stop advertising on Twitter.

Ripples Nigeria had reported that the activists, led by co-founder and executive director of digital rights group, Accountable Tech, Nicole Gill, said, “Elon Musk is an erratic billionaire who has promised to roll back critical safeguards Twitter has put in place and replatform extremists who have repeatedly spewed hate, incited violence, and undermined our democracy.”

They also stated that, “We, the undersigned organizations, call on you to notify Musk and publicly commit that you will cease all advertising on Twitter globally if he follows through on his plans to undermine brand safety and community standards, including gutting content moderation.”

Advertisers have now been cutting ties with Twitter, with GM, General Mills, and Volkswagen Group, owner of VW, Seat, Cupra, Audi, Lamborghini, Bentley, Ducati and Porsche brands, suspending ads on the platform.

Read also:Elon Musk fears for Twitter server meltdown, as users hit all-time highs

The Tesla majority investor has now hinted that he is taking action against the activists for tortious interference after President of Judicial Watch, Tom Fitton, asked, “I wonder if @ElonMusk’s @Twitter has tortious interference claims against the Left activist groups which are causing damaging advertiser boycotts of the platform?”

Musk responded on Monday with “We do,” reflecting a possible lawsuit. Note that tortious interference means an intentional interference with contractual relations, thereby damaging someone else’s contractual or business relationships with a third party.

This causes economic harm, as it leads to the earnings of the firm or persons to depreciate. Last week, Musk had admitted that “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Extremely messed up! They’re trying to destroy free speech in America.”

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now