X will continue to sue the advertiser alliance, and the platform's advertising revenue this year is said to reach $2 billion

Linda Yaccarino, CEO of social platform X, stated on August 13th that X will continue to file anti-monopoly lawsuits against several major brands and an advertising industry group. Last week, X sued the World Federation of Advertisers and multinational companies such as Unilever and Mars for conspiracy to violate antitrust laws. In addition, an insider stated that X is expected to generate approximately $2 billion in advertising revenue this year, while Twitter's advertising revenue in 2021 was $4.5 billion. (The Information)