Zuckerberg loses $US7b as advertisers boycott Facebook
San Francisco | A growing list of Facebook's advertisers is set to halt spending on social media, undermining the company's sales outlook and putting its share price under further pressure.
Starbucks, Levi Strauss, PepsiCo and Diageo were among the most recent companies to say they're curtailing ad spending, part of an exodus aimed at pushing Facebook and its peers to suppress posts that glorify violence, divide and disinform the public, and promote racism and discrimination.
Bloomberg
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