Reuters
Verizon has pulled its advertising from Facebook, joining a growing list of companies boycotting the social-media firm over its content moderation.
A group of six nonprofit organizations started the boycott last week, calling on companies to withdraw their advertising over the spread of hate speech and misinformation on Facebook.
On Thursday, June 25, the Anti-Defamation League said it found a Verizon ad next to anti-Semitic video.
Verizon’s chief media officer said the company was suspending advertising on the social network and on Instagram, which Facebook owns, “until Facebook can create an acceptable solution that makes us comfortable and is consistent with what we’ve done with YouTube and other partners.”
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Verizon has joined the growing list of companies boycotting Facebook by not placing ads on the platform, CNBC reported on Thursday, June 25.
The wider boycott started on June 17, when a group of six nonprofits including the Anti-Defamation League (ADL) and the NAACP published an open letter calling on advertisers to stop their business with Facebook, saying the platform is a hotbed for hateful content and misinformation.See the rest of the story at Business Insider
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