Are you still advertising on X, the Elon Musk-owned social media platform formerly known as Twitter? If so, you might have received an email about the company sunsetting one of its oldest advertising features: Promoted Accounts. X’s advertising clients were informed via email that the Promoted Accounts feature, also known as “Follower Objective” ads, is being shut down. These ads generated more than $100 million per year in revenue for the platform but are being phased out in favor of video-focused content. The decision was made by X’s product group, showing Elon Musk’s influence.
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