Allianz to pause paid Twitter ads for now – spokesperson

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The logo of Allianz is seen in Paris

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

(Reporting by Tom Sims; Editing by Andrew Heavens)

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