This is the best summary I could come up with:

X, formerly Twitter, lost several major advertisers including IBM and Comcast, and owner Elon Musk was blasted by the White House after he agreed with a post on the platform Wednesday.

"While some advertisers may have temporarily paused investments because of a misleading and manipulated article, the data will tell the real story," Yaccarino said in the Sunday night note to employees seen by Reuters, adding that X has been clear about its efforts to fight antisemitism and discrimination.

Over the weekend, Musk posted on X that his company would file a "thermonuclear" lawsuit against Media Matters for what he said was a "fraudulent attack" on the platform.

In a response on Monday, Media Matters President Angelo Carusone, said, "Far from the free speech advocate he claims to be, Musk is a bully who threatens meritless lawsuits in an attempt to silence reporting that he even confirmed is accurate.

The controversy comes amid a surge in antisemitism in many countries, including the United States, since the Oct. 7 attack by Hamas on southern Israel and the subsequent bombardment and invasion of the Gaza Strip by the Israeli military.

After buying Twitter in October 2022 for $44 billion, Musk laid off thousands of employees, including many who worked to moderate content on the platform.

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