Major Advertisers Suspend Campaigns on X; OpenAI Faces Uncertainty After CEO Ouster
InVision, a design startup, grapples with competition from Adobe and Figma amid tech industry upheavals.
- Apple, Disney and Lionsgate have suspended their advertising on X, formerly known as Twitter, following Elon Musk's support for an antisemitic message.
- IBM also paused its advertising on X, further impacting its advertising business.
- OpenAI Interim CEO Mira Murati is set to address employees following the decision to fire CEO Sam Altman.
- Concerns are raised about OpenAI's future fundraising prospects and an ongoing tender offer.
- InVision, a successful user interface design startup, is facing challenges from Adobe and Figma, another upstart in the design industry.