Advertisers Fleeing Social Media (‘Oops,’ Said Faceberg, Part Infinity, Cont.)

So lifelike.

Axios morning email thingie tells us:

Unilever, one of the biggest advertisers in the country, said it will no longer buy ads on Facebook properties or on Twitter, citing both companies’ policies on content moderation, Axios’ Sara Fischer writes.

  • Also. yesterday, Coca-Cola Chairman and CEO James Quincey said the massive advertiser “will pause paid advertising on all social media platforms globally for at least 30 days.”
  • And then his zinger: “We … expect greater accountability and transparency from our social media partners.”
  • Similarly, Unilever headlined its announcement: “Driving a Responsible Digital Ecosystem in These Polarized Times.”

There is something so profoundly sad that retailers are taking a stronger stand on pushing back at social media manipulation and propaganda than our representatives are taking. What is so hard about regulating media platforms?

Anyway, Facebook responded!

Facebook said yesterday that it will flag “newsworthy” posts from politicians who break its rules, including Trump.

  • CEO Mark Zuckerberg had previously said people deserved unfiltered statements from leaders. (Details.)
  • Facebook told me yesterday’s changes were in the works before the boycott, with an eye toward November.

Sure, Jan.

 

 

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7 Responses to Advertisers Fleeing Social Media (‘Oops,’ Said Faceberg, Part Infinity, Cont.)

  1. w3ski4me says:

    It looks almost like we have Faceburg by the nuts. A lack of advertising will kill them. Not that it would be such a bad thing either at this point. It will be nice to see at least a small bit of responsibility from them over what gets posted.
    They have taken over the world in a way and they need to step up and deal with the sometimes dangerous lies they put forth.
    I am waiting to see what they actually do.
    w3ski

    Like

  2. roket says:

    Karen is not pleased either.

    Liked by 2 people

  3. MDavis says:

    CEO Mark Zuckerberg had previously said people deserved unfiltered statements from leaders.
    *
    What did this guys parents do to him when he was a lad? Out comes the paddle. “What did I do?” asks Zuck. “You know what you did.” says parental unit. “and if you are innocent this time, this can be for all the stuff I didn’t catch you doing.”

    Like

  4. donnah says:

    “Facebook watched as $56 billion was wiped off its market value on Friday after a slew of major advertisers said they would be boycotting the social network.

    The platform’s stock price plunged by more than 8 percent, with shares expected to cost $212.50 a piece when markets open on Monday, down from $235 when markets closed on Thursday.”

    from NewsWeek.

    It’s a start.

    Like

    • osirisopto says:

      It’s going to have no effect.

      Three months from now the stock will be worth more than it was before. More people will be advertising and face berg will still be a rich asshole.

      Liked by 2 people

    • Dennis Cole says:

      donnah – Looks like it’s time to make those stock buy-backs! Zuck & friends can scoop up shares now, on the The Cheap, because in time, those shares will be worth more than ever.

      Like

  5. Dennis Cole says:

    Wow. the IHOTFM took enough time off from helping Eiron perform multiple facepalms, (which is a full-time, 12-hr-a day job nowadayz,) to take a poke or two at Fuckerberg? Every uber-wealthy man has two very sensitive areas of the body, where the most damage can be done employing the least amount of effort, and in this case, it’s Mark’s hip pocket, where his wallet resides.

    “Tis an age of miracles & wonders, indeed!

    Like

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