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Allianz to pause paid Twitter ads for now: Spokesperson

Posted On: Nov. 7, 2022 1:50 PM CST


(Reuters) — German insurer and asset manager Allianz SE will halt its paid advertising on Twitter for now, a spokesperson said Monday.

It marks the latest in a wave of similar moves by companies in the wake of Elon Musk's takeover of the social media platform.

Germany's Handelsblatt first reported the development.