Facebook Under Fire as Companies Pause Social Media Ads: List

(Bloomberg) — Here’s a list of companies that are planning to halt spending on social media. Some have joined a boycott of Facebook Inc. after critics accused the social network of inadequately policing hateful and misleading content on its platform:Starbucks Corp. — Pausing advertising on all social media platforms. Will post on social media without paid promotion.Microsoft Corp. — Paused global advertising spending on Facebook and Instagram because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter.Unilever Plc — Halting advertising on Facebook, Instagram and Twitter in the U.S. through Dec. 31.Coca-Cola …read more

Source:: Yahoo Finance