LOS ANGELES--(BUSINESS WIRE)--Dec 3, 2024--
Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, announced its plans to redefine digital advertising by integrating its disruptive ad tech platform with Elon Musk’s X Corp. (formerly Twitter), a social media giant with over 535 million monthly active users. This expansion aligns with Thumzup's mission to maximize advertiser reach and turn everyday users into brand ambassadors.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241203177671/en/
By integrating with X, Thumzup expands its potential reach to a massive and engaged audience, complementing its existing presence on Instagram. This would position Thumzup for continued growth in the booming digital advertising market which is expected to exceed $1 trillion by 2027. ii
Platform Features Include:
"Our planned integration with X Corp. marks a transformative milestone for Thumzup," said Robert Steele, CEO of Thumzup. "Since our inception, Thumzup has aimed to expand to other social media platforms. Having achieved milestones such as paying out over $250,000 to our users for an approximately 25,000 Instagram posts and recently listing our company on Nasdaq, we are now aggressively moving forward to broaden our reach. We expect this integration to occur by the end of January 2025. Once implemented, it should significantly amplify Thumzup’s impact, enabling advertisers to leverage trusted user voices to drive scalable and authentic engagement."
Additionally, X's broader base of posts due to its more open nature presents a unique opportunity for Thumzup to explore new advertising content not currently permitted on Instagram. This expansion will allow Thumzup to tap into a wider variety of content and advertising strategies, fostering innovation and reaching audiences in new and impactful ways.
About Thumzup®
Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.
Thumzup was featured on CBS Los Angeles and in KTLA.
Legal Disclaimer
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its potential growth, impacts on the advertising industry, plans for potential uplisting, and planned expansion. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in our filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
ihttps://business.x.com/en/advertising (X Business 2024)
iihttps://www.bccresearch.com/pressroom/ift/pioneering-the-path-to-a-12-trillion-digital-ad-market-by-2027 (BCC Research 2024)
Thumzup to integrate with X (Graphic: Business Wire)
DEIR AL-BALAH, Gaza Strip (AP) — A ceasefire between Israel and Hamas took hold in the Gaza Strip on Sunday, ushering in an initial six-week period of calm and raising hopes for the release of dozens of militant-held hostages and an end to the devastating 15-month war. A last-minute delay by Hamas put off the truce's start by nearly three hours and highlighted its fragility.
Hamas and Egyptian officials confirmed the handover of the first hostages to the Red Cross was underway, speaking on condition of anonymity because they were not authorized to brief media. It was not clear how long the process would take.
Even before the ceasefire took effect, celebrations erupted across the territory and some Palestinians began returning to their homes. Israel, meanwhile, announced the names of the first three hostages expected to return home later Sunday, in exchange for the planned release of 90 Palestinian prisoners.
The truce, which started at 11:15 a.m. local time, is the first step toward ultimately ending the conflict and returning nearly 100 hostages abducted in Hamas’ Oct. 7, 2023 attack.
An Israeli official confirmed that Romi Gonen, 24, Emily Damari, 28, and Doron Steinbrecher, 31, were set to be released later Sunday. Gonen was abducted from the Nova music festival, while the others were kidnapped from Kibbutz Kfar Aza. Damari is an Israeli-British dual citizen.
The official, who spoke on condition of anonymity in line with regulations, said the families had approved the publication of the names.
Anticipation was building. Hundreds of people began gathering in Tel Aviv to watch the news on large screens in a square where thousands had gathered weekly for months to demand a ceasefire deal.
Hamas was supposed to provide the names before the start of the ceasefire, originally planned for 8:30 a.m. It released the names about two hours later, citing technical reasons and saying it was still committed to the agreement.
In the interim between 8:30 a.m. and when the ceasefire took hold, Israeli fire killed at least 26 people, according to Gaza’s Health Ministry. It did not say whether they were civilians or fighters. The military has warned people to stay away from Israeli forces as they retreat to a buffer zone inside Gaza.
Israel’s hard-line national security minister, meanwhile, said his Jewish Power faction was quitting the government in protest over the ceasefire agreement. Itamar Ben-Gvir’s departure weakens Israeli Prime Minister Benjamin Netanyahu’s coalition but will not affect the truce.
In a separate development, Israel announced it had recovered the body of Oron Shaul, a soldier killed in the 2014 Israel-Hamas war, in a special operation in Gaza. The bodies of Shaul and another soldier, Hadar Goldin, remained there after the 2014 war and had not been returned.
The ceasefire deal was announced last week after a year of mediation by the United States, Qatar and Egypt. The outgoing Biden administration and President-elect Donald Trump's team had both pressed for an agreement to be reached before the inauguration on Monday.
Netanyahu on Saturday warned that he had Trump's backing to continue fighting if necessary.
The 42-day first phase of the ceasefire should see 33 hostages returned from Gaza and hundreds of Palestinian prisoners and detainees released. Many displaced Palestinians should be able to return home.
There is also supposed to be a surge of humanitarian aid, with hundreds of trucks entering Gaza daily, far more than Israel allowed before. The United Nations' World Food Program said trucks started entering through two crossings after the ceasefire took hold.
This is just the second ceasefire in the war, longer and more consequential than a weeklong pause in November 2023, with the potential to end the fighting for good.
Negotiations on the far more difficult second phase of this ceasefire should begin in just over two weeks. Major questions remain, including whether the war will resume after the first phase and how the rest of the hostages in Gaza will be freed.
Across the Gaza Strip, celebrations erupted as people hoped for respite after the fighting killed tens of thousands, destroyed large areas of the territory and displaced most of its population.
Masked militants appeared at some celebrations, where crowds chanted slogans in support of them, according to Associated Press reporters in Gaza. The Hamas-run police began deploying in public after mostly lying low due to Israeli airstrikes.
Some families set off for home on foot, their belongings loaded on donkey carts.
In the southern city of Rafah, residents returned to find massive destruction. Some found human remains including skulls in the rubble.
“It’s like you see a Hollywood horror movie,” resident Mohamed Abu Taha told the AP as he inspected the ruins of his family's home.
In Israel, people remained divided over the agreement.
Asher Pizem, 35, from the city of Sderot near Gaza, said he eagerly awaited the hostages' return but said the deal had merely postponed the next confrontation with Hamas. He also criticized Israel for allowing aid into Gaza, saying it would contribute to the militant group's revival.
“They will take the time and attack again,” he said while overlooking Gaza's smoldering ruins from a small hill in southern Israel with other Israelis who gathered there.
Israel’s Cabinet approved the ceasefire early Saturday in a rare session during the Jewish Sabbath, more than two days after mediators announced the deal.
The toll of the war has been immense, and new details on its scope will now emerge. The head of the Rafah municipality in Gaza, Ahmed al-Sufi, said Israel’s military had destroyed a large part of the infrastructure, including water, electricity and road networks, in addition to thousands of homes.
Over 46,000 Palestinians have been killed, according to Gaza’s Health Ministry, which says women and children make up more than half the fatalities but does not distinguish between civilians and fighters.
The Hamas-led attack on southern Israel that sparked the war killed over 1,200 people, mostly civilians, and militants abducted around 250 others. More than 100 hostages were freed during the weeklong ceasefire in November 2023.
Some 90% of Gaza’s population has been displaced. The United Nations says homes, the health system, road networks and other vital infrastructure have been badly damaged. Rebuilding — if the ceasefire reaches its final phase — will take several years at least. Major questions about Gaza’s future, political and otherwise, remain unresolved.
Magdy reported from Cairo and Goldenberg from Tel Aviv, Israel. Associated Press reporters Josef Federman in Jerusalem and Mohammad Jahjouh in Khan Younis, Gaza Strip, contributed to this report.
Follow AP’s war coverage at https://apnews.com/hub/israel-hamas-war
Israeli soldiers stand outside Ofer military prison near Jerusalem on Sunday, Jan. 19, 2025. (AP Photo/Mahmoud Illean)
Relatives and friends of people killed and abducted by Hamas and taken into Gaza, gather in Tel Aviv, Israel on Sunday, Jan. 19, 2025. (AP Photo/Maya Alleruzzo)
The house hostage Doron Steinbrecher, 30, kidnapped by Hamas on Oct. 7, 2023 in seen in Kibbutz Kfar Aza, Israel, Sunday, Jan. 19, 2025. (Photo/Ohad Zwigenberg)
Displaced Palestinians return to Rafah, as a ceasefire deal between Israel and Hamas went into effect, in Rafah, Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Mariam Dagga)
Displaced Palestinians, some armed, return to Rafah, as a ceasefire deal between Israel and Hamas went into effect, in Rafah, Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Mariam Dagga)
Displaced Palestinians return to Rafah, as a ceasefire deal between Israel and Hamas went into effect, in Rafah, Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Mariam Dagga)
Displaced Palestinians wave the Palestinian flag as they return to Rafah, while a ceasefire deal between Israel and Hamas went into effect, in Rafah, Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Mariam Dagga)
Palestinians walk through the destruction by the Israeli air and ground offensive in Rafah, as a ceasefire deal between Israel and Hamas went into effect Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
An Israeli army tank moves along the border with the Gaza Strip in southern Israel on Sunday, Jan. 19, 2025. (AP Photo/Tsafrir Abayov)
Israeli soldiers walk outside Ofer military prison near Jerusalem on Sunday, Jan. 19, 2025. (AP Photo/Mahmoud Illean)
Members of the Izzedine al-Qassam Brigades, the armed wing of the Palestinian group Hamas, take part in a parade as they celebrate a ceasefire agreement between Hamas and Israel in Deir al-Balah, Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Abdel Kareem Hana)
Palestinians walk through the destruction by the Israeli air and ground offensive in Rafah, as a ceasefire deal between Israel and Hamas went into effect Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Displaced Palestinians leave parts of Khan Younis as they go back to their homes in Rafah, southern Gaza Strip, Sunday, Jan. 19, 2025. (AP Photo/Jehad Alshrafi)
Majida Abu Jarad packs belongings as she prepares to go back to the family's home in the north, at a camp for displaced Palestinians in the Muwasi area, southern Gaza Strip, Saturday, Jan. 18, 2025. (AP Photo/Abdel Kareem Hana)
Majida Abu Jarad packs belongings as she prepares to go back to the family's home in the north, at a camp for displaced Palestinians in the Muwasi area, southern Gaza Strip, Saturday, Jan. 18, 2025. (AP Photo/Abdel Kareem Hana)
The Mawasi tent camp for displaced Palestinians in Khan Younis, central Gaza Strip, Saturday Jan. 18, 2025.(AP Photo/(AP Photo/Jehad Alshrafi)
A market is seen through a window in Khan Younis, central Gaza Strip, Saturday Jan. 18, 2025.(AP Photo/(AP Photo/Jehad Alshrafi)
Palestinians walk along a central street at dusk in Khan Younis, central Gaza Strip, Saturday Jan. 18, 2025.(AP Photo/(AP Photo/Jehad Alshrafi)
Two women walk through an installation simulating a tunnel in Gaza in an act of solidarity with hostages believed to be held underground by Hamas before a weekly demonstration calling for their return, in Tel Aviv, Israel, Saturday Jan. 18, 2025.(AP Photo/Maya Alleruzzo)
A view of a tent camp for displaced Palestinians in Khan Younis, Gaza Strip, Saturday, Jan. 18, 2025. (AP Photo/Jehad Alshrafi)
Balloons are released to mark the second birthday of hostage Kfir Bibas as demonstrators hold portraits of hostages held by Hamas in the Gaza Strip during a protest calling for their immediate release in Tel Aviv, Israel, Saturday Jan. 18, 2025. (AP Photo/Ohad Zwigenberg)
Demonstrators hold torches as they gather during a protest calling for the release of all hostages held captive by Hamas in the Gaza Strip, in Tel Aviv, Israel on Saturday, Jan. 18, 2025. (AP Photo/Oded Balilty)
Relatives and friends of people killed and abducted by Hamas and taken into Gaza, gather calling for their released in Tel Aviv, Israel on Saturday, Jan. 18, 2025. (AP Photo/Maya Alleruzzo)
Palestinians build a tent at the Mawasi camp in Khan Younis, central Gaza Strip, Saturday Jan. 18, 2025.(AP Photo/(AP Photo/Jehad Alshrafi)
Palestinians walk along a street market in Khan Younis, central Gaza Strip, Saturday Jan. 18, 2025.(AP Photo/(AP Photo/Jehad Alshrafi)
Demonstrators hold portraits of hostages held by Hamas in the Gaza Strip during a protest calling for their immediate release in Tel Aviv, Israel, Saturday Jan. 18, 2025. (AP Photo/Oded Balilty)
