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News Microsoft, Pepsi and Ford boycott Facebook

11:15  30 june  2020
11:15  30 june  2020 Source:   menshealth.de

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Pepsi , Starbucks, Ford and Microsoft are just a few of the global brands joining a long list of advertisers who are pulling their ads from Facebook . Tech employees are selling referrals online to job candidates for under to help them get hired at Google, Facebook , and other industry giants.

(Reuters) - PepsiCo Inc will stop advertising on Facebook Inc , FOX Business Network reported https Sources described the move as a "global boycott " on placing Facebook ads, the report said. PepsiCo did not immediately respond to a request for comment from Reuters.

Immer mehr Firmen schließen sich den Protesten gegen Facebook an. © PixieMe / Shutterstock.com More and more companies are joining the protests against Facebook.

The wave seems to be unstoppable: Three other US mega-corporations join the protests: Microsoft, Ford and Pepsi will no longer advertise there.

More than 100 companies have stopped advertising on Facebook and Instagram in the past few days and boycott the social media platforms. Now three other big players in the US industry have joined the #StopHateforProfit campaign: software giant Microsoft, car manufacturer Ford and beverage company Pepsi have frozen all advertising budgets on Facebook and Instagram.

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PepsiCo Inc will stop advertising on Facebook Inc , FOX Business Network reported https Sources described the move as a “global boycott ” on placing Facebook ads, the report said. PepsiCo did not immediately respond to a request for comment from Reuters.

June 28 (Reuters) - PepsiCo Inc will stop advertising on Facebook Inc, FOX Business Network reported https Sources described the move as a "global boycott " on placing Facebook ads, the report said. PepsiCo did not immediately respond to a request for comment from Reuters.

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Ford explained in an statement in the industry magazine "Ad Age" that all Facebook activities should first be paused for 30 days and then reassess the situation. "Fox Business" also reports to that PepsiCo, the parent company of Pepsi, Gatorade and Rockstar, has also discontinued all Facebook advertising, but has not made an official statement. Microsoft explained to in a statement on "Axios" that all activities on Facebook had been stopped worldwide.

hate messages and fake news

The protest is directed against the company of Mark Zuckerberg (36), which in the eyes of the participating companies does too little against hate messages and fake news on the Internet. A few days ago, small companies like outdoor clothing manufacturers Patagonia and North Face got the ball rolling. Later, more and more large companies joined the campaign, including telecommunications providers Verizon and the food companies Unilever and Coca-Cola.

The announcements of the companies shook Facebook's share price as the company generated 95 percent of its revenue from advertising revenue. Facebook boss Zuckerberg immediately responded to the dismissals of his advertising partners and announced extensive measures.

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This is interesting!