Big Tech Continues Its Surge Ahead of the Rest of the Economy

While the rest of the U.S. economy languished earlier this year, the tech industry’s biggest companies seemed immune to the downturn, surging as the country worked, learned and shopped from home. From a report: On Thursday, as the economy is showing signs of improvement, Amazon, Apple, Alphabet and Facebook reported profits that highlighted how a recovery may provide another catalyst to…

While Facebook, Twitter, and YouTube Announce Hate Speech Action, Some Advertisers Remain Skeptical

“Facebook, YouTube, and Twitter have agreed on first steps to curb harmful content online, big advertisers announced on Wednesday, following boycotts of social media platforms accused of tolerating hate speech,” Reuters reports: Under the deal, announced by the World Federation of Advertisers, common definitions would be adopted for forms of harmful content such as hate speech and bullying, and platforms would…

Facebook Critics Take on Its Oversight Board

A group of high-profile Facebook critics on Friday announced the launch of what they are calling the “Real Facebook Oversight Board,” an effort that aims to counter an independent board established by Facebook last year to oversee its decisions on content moderation. From a report: The opposing effort represents how political the fight between Facebook and its critics has become in…

Facebook Removed Seven Million Posts In Second Quarter For False Coronavirus Info

Facebook said on Tuesday it removed 7 million posts in the second quarter for sharing false information about the novel coronavirus, including content that promoted fake preventative measures and exaggerated cures. Reuters reports: It released the data as part of its sixth Community Standards Enforcement Report, which it introduced in 2018 along with more stringent decorum rules in response to a…

Disney Reportedly Joins Facebook Boycott, Slashes Ad Spending

An anonymous reader quotes the Verge: Disney has significantly reduced its spending on Facebook and Instagram ads amid concerns about the social media platform’s enforcement of its content policies, The Wall Street Journal reported. It joins a list of large companies that have cut back on Facebook ads as part of an effort to compel Facebook to change how it handles…

Facebook Boycott Leaders ‘Disappointed’ After Meeting With Zuckerberg, Sandberg

Leaders from four of the organizations spearheading the #StopHateforProfit campaign sat down with Mark Zuckerberg, Sheryl Sandberg and Chief Product Officer Chris Cox today to discuss the demands of a large advertiser boycott that now includes hundreds of brands. According to Anti-Defamation League CEO Jonathan Greenblatt, the chat was an unequivocal disappointment. “Today we saw little and heard just about nothing,”…

Advertisers Will Be Back To Facebook ‘Soon Enough’, Zuckerberg Assures Employees

As the ads boycott grows, Mark Zuckerberg shows no sign of backing down. From a report: “My guess is that all these advertisers will be back on the platform soon enough” the Facebook chief executive has said. Campaigners accuse the tech firm of being too slow and reluctant to remove some hateful content. But Zuckerberg added: “We’re not going to change…

Microsoft Pauses Spending on Facebook, Instagram

Microsoft suspended its advertising on Facebook and Instagram in the U.S. in May and recently expanded that to a global pause, according to an internal chat transcript seen by Axios. From a report: Unlike the many advertisers who recently joined a Facebook boycott,, Microsoft is concerned about where its ads are shown, not Facebook’s policies. But the move still means yet…

Coca-Cola, Hershey’s, Starbucks: More Major Advertisers Are Now Boycotting Facebook

Some of America’s biggest brands — Coca-Cola, The Hershey Company and the Levi Strauss & Co. — “are among the latest in pledging to halt advertising on Facebook as part of a growing boycott,” reports USA Today: Despite Facebook CEO Mark Zuckerberg outlining several steps the social network will take to combat hate speech ahead of the 2020 presidential election Friday,…

Facebook Advertising Boycott Targets Misinformation and Hate Speech

Two major outdoor-goods retailers “have joined a boycott of Facebook after six civil rights groups called on businesses to stop advertising on Facebook in July,” reports CNET, “to push the social network to do more to combat hate speech and misinformation…”
The moves by the high-profile brands [North Face and REI] suggest the ad boycott, unveiled Wednesday, is beginning to gain traction….