Elon Musk's X Corp drops lawsuit against Unilever, retains antitrust claims against others.
Elon Musk's X Corp has withdrawn its lawsuit against Unilever, which was accused of conspiring to reduce ad revenue for the platform. This decision follows an agreement between the two companies to maintain their partnership. X continues to pursue antitrust claims against other parties involved in the alleged advertiser boycott that has significantly impacted its revenue since Musk's acquisition. The specific terms of the agreement with Unilever remain undisclosed.
October 11, 2024
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