5 senators call for an investigation into Elon Musk's X. Read the letters sent to the DOJ and FTC. [Business Insider]
Omnicom Group Inc. (OMC)
Last omnicom group inc. earnings: 4/28 06:25 am
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Source: Business Insider
Leaders from one advertiser interpreted its dealings with X as an implicit threat, the WSJ previously reported. A group of Democratic senators have called for a Justice Department probe into whether X has used Elon Musk's political status to pressure companies into advertising on the platform. Senators Elizabeth Warren, Cory Booker, Richard Blumenthal, Adam Schiff, and Chris Van Hollen wrote to Attorney General Pam Bondi to "express alarm about reports that Elon Musk's social media company 'X' (formerly Twitter) is leveraging his influential position in the Trump Administration to extract revenue from advertisers." "If evidence emerges that Musk is, in fact, using his official role to coerce advertisers or is participating in particular matters in which he has
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OMC
Earnings
- 2/4/25 - Beat
OMC
Sec Filings
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- OMC's page on the SEC website