All the Companies Quitting Facebook - News Summed Up

All the Companies Quitting Facebook


This is getting seriousA boycott of advertisers on social media is gaining momentum, and Facebook is the primary target. They’re among the biggest spenders on Facebook ads: Starbucks spent $95 million and Diageo $23 spent million on the platform last year. Procter & Gamble, the world’s largest advertiser, said it wouldn’t rule out a pause on Facebook ads. (Its big rival, Unilever, is stopping ads on Facebook, Instagram and Twitter through the end of the year.) • Claiming censorship by major social media platforms, many right-leaning pundits, lawmakers and others have decamped to the upstart network Parler.


Source: New York Times June 29, 2020 11:30 UTC



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