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World Bank halts paid advertising on X after CBS News finds its promoted ad under racist content
The World Bank has halted all paid advertising on X after CBS News found its promoted ads under racist posts.
CBS News has found more than a dozen accounts on X with the blue check indicating "verification" by the platform that have large followings and regularly post white nationalist or pro-Nazi content, and which have promoted advertisements from some recognizable brands showing up in their comments threads. In public court filings unsealed Tuesday, it was revealed that Kingdom Holdings, a Saudi Arabian conglomerate operated by members of the country's royal family, is a key investor in the X platform. The account under which the Nordace ad appeared had shared several antisemitic posts, including one that said "our country is controlled by an international criminal organization that grew out of the Jewish mob and now hides in modern Zionism behind cries of 'antisemitism.'"
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