The Dark Shadow Shrine

embrace the darkness; that you may see the light nestled within it......

Sunday, June 28, 2020

Facebook shares sink as Unilever, Coca-Cola pull ads

Click HERE

Critics of Facebook who have assailed the social network as failing to adequately police hateful and misleading content on its service 

Unilever's pledge applies immediate pressure on other big companies and presents a risk to Facebook's dominant business....Later on Friday, Coca-Cola said it would pause ads on all social media platforms for at least 30 days, while Honda Motor's United States unit, Hershey and several smaller brands said they would join the boycott.

The social network has been less aggressive than competitors Twitter and Snap in responding to what employees and advertisers say are harmful posts from US President Donald Trump, as well as incendiary content that goes viral.

the company will put a link to the voting hub on all posts related to voting, and will also start marking posts that violate Facebook's rules, although the posts will remain up if they are newsworthy.

Facebook, which already prohibits advertising that discriminates, also sharpened those policies on Friday with a clause saying no ads will be allowed if they label another demographic as dangerous, or if they portray immigrants, migrant groups or refugees as inferior and worthy of disgust.

Consider how the above affect politics and voting outcomes...
Note that not all social media platforms are the same....a notable contrast can be found in Facebook and Twitter. Twitter officially bans all political ads [see HERE] -- the idea being that u cannot use money to convey political messages to the masses. This comes in the wake of fake news and false claims that are rife on social media that had led to Trump trumping Hilary Clinton in the US Presidential Election in 2016.....

Consider also the image of companies that prompted Unilever, Coca Cola to pull ads away from FB...
Also, should the goal of businesses be focussed only on profits?