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Sunday, Jul. 19, 2020
The Walt Disney Co. has "dramatically" slashed its advertising budget on Facebook and Facebook-owned Instagram, according to a report in the Wall Street Journal.
It's the latest setback for the social network, which is facing a growing advertising boycott over its policies and actions...
Wednesday, Jul. 8, 2020
A two-year audit of Facebook's civil rights record found "serious setbacks" that have marred the social network's progress on matters such as hate speech, misinformation and bias.
Facebook hired the audit's leader, former American Civil Liberties Union executive Laura Murphy, in May 2018...
Tuesday, Jul. 7, 2020
Facebook keeps telling critics that it is doing everything it can to rid its service of hate, abuse and misinformation. And the company's detractors keep not buying it.
On Tuesday, CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg met with a group of civil rights leaders,...
Thursday, Jul. 2, 2020
Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue.
Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion....
Wednesday, Jul. 1, 2020
Can Facebook Weather The Advertiser Boycott? 530 Companies and Counting Join "Stop Hate for Profit" Campaign
On Wednesday, more than 500 companies officially kicked off an advertising boycott intended to pressure Facebook into taking a stronger stand against hate speech. CEO Mark Zuckerberg has agreed to meet with its organizers early next week.
But whether Zuckerberg agrees to further tighten...
Tuesday, Jun. 30, 2020
For years, social media platforms have fueled political polarization and hosted an explosion of hate speech. Now, with four months until the U.S. presidential election and the country's divisions reaching a boiling point, these companies are upping their game against bigotry and threats of...
Monday, Jun. 29, 2020
Reddit, Twitch Ban Pro-Trump Forums For Hate Speech; Ford Puts Brakes On Social Media Ads For 30 Days
Reddit, an online comment forum that is one of the internet's most popular websites, on Monday banned a forum that supported President-Donald Trump as part of a crackdown on hate speech.
The Trump forum, called The_Donald, was banned because it encouraged violence, regularly broke other...
Sunday, Jun. 28, 2020
Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content.
Starbucks said Sunday that its actions were not part of the "#...
Friday, Jun. 26, 2020
Facebook said Friday that it will flag all "newsworthy" posts from politicians that break its rules, including those from President Donald Trump.
Separately, Facebook's stock dropped more than 8%, erasing roughly $50 billion from its market valuation, after the European company behind...
Friday, Jun. 26, 2020
Shares of Facebook and Twitter dropped sharply Friday after the the giant company behind brands such as Ben & Jerry's ice cream and Dove soap said it will halt U.S. advertising on Facebook, Twitter and Instagram through at least the end of the year.
That European consumer-product...