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Market news: Trump and X reached a settlement in the lawsuit filed over the Twitter ban after January 6.On February 8, the Government of the Peoples Republic of China and the Government of the Kingdom of Thailand issued a joint statement on strengthening the comprehensive strategic partnership and promoting a more stable, prosperous and sustainable China-Thailand community of shared future, with a future-oriented and people-centered approach. It pointed out that in order to promote investment, Thailand is willing to establish a long-term investment partnership with China in the fields of capital market connectivity and cross-border financial commodity circulation, and to carry out research and development cooperation in future, innovative and advanced industries such as artificial intelligence, medical care, environment and electric vehicles. The two sides will speed up the consultation on the Joint Action Plan for the Five-Year Development Plan of China-Thailand Economic and Trade Cooperation (2025-2029) and strive to reach an agreement as soon as possible. The two sides agreed to jointly accelerate the construction of the first phase of the China-Thailand Railway, determine the cooperation model for the second phase as soon as possible, and strive to start the construction of the second phase as soon as possible. Both sides believe that the development concept of China-Laos-Thailand connectivity should be solidly promoted to ensure that the three countries can achieve "seamless connection" as soon as possible.A U.S. judge has ordered that all U.S. Agency for International Development (USAID) employees on administrative leave must remain on leave until at least February 14.On February 8, there was news today that Apple (AAPL.O) may plan to launch its first foldable iPhone in the fall of 2026 and a foldable iPad in 2027. Apple has not yet responded to this matter. Apple customer service said that it has not received any relevant notification and can follow up.On February 8, according to Arstechnica, a well-known American technology media, Boeing (BA.N), as the main contractor of the US Space Launch System rocket (SLS), is preparing for the possible cancellation of the project. Boeing plans to cut about 400 positions in its Space Launch System team by April 2025.

Stellantis Stops Twitter Advertising While Musk Is Controlled

Aria Thomas

Nov 08, 2022 14:11

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Stellantis said on Monday that it would cease all sponsored advertisements on Twitter as it awaits the platform's evolution under Elon Musk's leadership.


The automaker told Reuters, "We are suspending paid advertising posts on Twitter until we have a clearer understanding of the platform's future under its new leadership." Stellantis was created by the merger of Fiat Chrysler and PSA, the maker of Peugeot automobiles (OTC:PUGOY).


Musk has said that Twitter's revenue has decreased "massively" since he acquired control ten days ago.


Twitter did not immediately respond to a request for comment.


Stellantis has suspended advertising on Twitter, joining United Airlines, General Mills Inc (NYSE:GIS), Audi of America, and General Motors Co. (NYSE:GM).


Gilead Sciences Inc. (NASDAQ:GILD) said on Monday morning that the company and its subsidiary Kite were "in the process of discontinuing advertising" on Twitter.