X loses lawsuit alleging advertisers' boycott was politically-motivated [Yahoo! Finance]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
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Source: Yahoo! Finance
X's attempt to prosecute the World Federation of Advertisers for allegedly organizing a boycott of the app has been rejected by a federal court judge in Texas, ending the platform's effort to pressure ad partners to come back to the app. As reported by Reuters, U.S. District Judge Jane Boyle ruled that X failed to prove that the WFA sought to enact a politically-motivated boycott of the company, ending an 18-month legal battle over X's ad woes. Back in 2024, X launched legal action against the Global Alliance for Responsible Media, of which WFA is the chief coordinator, along with selected GARM members, over what X alleged had been “a group boycott by competing advertisers of one of the most popular social media platforms in the United States.” Then X CEO Linda Yaccarino posted a video on X about the legal action at the time, in which she criticized the alleged coordinated activity, saying that “people are hurt when the marketplace of ideas is restricted.” The main impetus fo
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CVS
Earnings
- 2/10/26 - Beat
CVS
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- CVS's page on the SEC website