Drew Angerer / Getty Images Facebook shares fell about 1% on Monday as more advertisers boycotted its platform. The drop followed an 8.3% drop on Friday amid the first round of withdrawn advertising. The two-day decline in shares has resulted in approximately $ 60 billion in market value being erased …
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TOPLINE A Facebook advertising boycott called by major civil rights groups continues to gain momentum with more than a dozen large companies, including Unilever, Verizon, Ben & Jerry’s, Patagonia and more, announcing that they will not work with the tech giant until “it is significant action “is taken to address …
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Unilever says it will stop advertising on Facebook, Instagram and Twitter at least until the rest of the year, joining a number of companies that have withdrawn Facebook ads because of the social network’s failure to control racist and violent information. “Continuing to advertise on these platforms right now would …
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San Francisco – Verizon is joining a growing movement to deflect Facebook advertising in an effort to pressure the company to do more to prevent the sharing of racist and violence-inspiring information on its social media service. The decision announced Thursday by one of the world’s largest telecommunications companies is …
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(Reuters) – A handful of American companies have pulled advertising from Facebook Inc. in support of a campaign that called on the social media giant for not doing enough to stop hate speech on their platforms. FILE PHOTO: Silhouettes of laptop users are seen alongside an on-screen projection of a …
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