Allianz to pause paid Twitter ads for now: Spokesperson
Posted On: Nov. 7, 2022 1:50 PM CST![Allianz](https://bicontent.businessinsurance.com/1c96415a-e89f-4c8f-bad2-4ff52b269cb6.jpg)
(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.