/biz/ - Business & Finance

The leftest mob has come for Faceberg. They can not survive without being protected by the DNC. I'm not predicting a bright future for Facebook.

>Facebook has long been criticized for not doing enough to combat hate speech. Now the outrage against the world's largest social network is growing into a movement that threatens its bottom line.

>That's because Facebook's latest critics are some of its biggest customers. On June 17, a group of civil rights organizations including the Anti-Defamation League, the NAACP and Color of Change called on businesses to "hit pause on hate" and not advertise on Facebook in July. The social network makes nearly all of its money from ads, raking in more than $70 billion in revenue last year.

>"Let's send Facebook a powerful message: Your profits will never be worth promoting hate, bigotry, racism, antisemitism and violence," the website for the campaign, which is called Stop Hate for Profit, says.

>The campaign has been picking up steam with a variety of major brands, including outdoor clothing brand The North Face, consumer goods giant Unilever and telecom leader Verizon. On Monday, The Clorox Company, Adidas, Ford and Microsoft said they're joining the boycott too.

>"This definitely seems more widespread," said Debra Aho Williamson, eMarketer's principal analyst. "I don't think I've ever seen this level of marketer action around Facebook."

-Via Cnet
archive.is/I4n9A