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 The drop followed an 8.3% drop on Friday amid the first round of withdrawn advertising.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 …
Read More »Here’s the impact on revenue Facebook will take when Diageo and Starbucks join the list of companies pulling ads from the platform.
Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
Read More »K-State Players Announce Boycott After Student Floyd’s Tweet
MANHATTAN, Kan. (AP) – Kansas State soccer players say they will boycott all team activities until administrators create a policy that allows a student to be expelled for “overtly racist, threatening, or disrespectful actions.” The move that most players announced on social media Saturday follows a student tweet about George …
Read More »Facebook news (FB): the advertising exodus grows
The latest Starbucks company to stop ads on social media
People wear protective face masks outside of Starbucks in downtown as the city moves to Phase 2 reopening after restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City . Noam Galai | fake pictures Starbucks is the latest company to say it will stop …
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