Skip to main content

All of the companies no longer advertising on Facebook due to the platform's lack of hate speech moderation

* Civil rights organizations including NAACP, Color of Change, and Anti-Defamation League asked advertisers to stop paying for advertisements on Facebook in the wake of George Floyd's death at the hands of Minneapolis police officers. * Since Floyd's death, Facebook has allowed posts in which Trump called protesters "thugs" and suggested violence when he wrote, "when the looting starts, the shooting starts." * Facebook CEO Mark Zuckerberg decided not to take action in removing the content despite requests. Twitter, on the other hand, flagged Trump's tweets using the same language as "glorifying violence." * In light of Zuckerberg's inaction, companies like The North Face, REI, and Talkspace have halted their paid advertising on Facebook — some of them just for the month of July. * Visit Business Insider's homepage for more stories. The North Face was the first major brand to halt its paid advertising on Facebook. The North Face announced its decision on Friday. The clothing company said it would also stop advertising on Instagram, which Facebook owns. "We know that for too long harmful, racist rhetoric and misinformation has made the world unequal and unsafe, and we stand with the NAACP and the other organizations who are working to #StopHateforProfit," Steve Lesnard, The North Face's global VP of marketing, said in a statement. REI said it would stop its Facebook ads for the month of July. Tweet Embed: //twitter.com/mims/statuses/1274110350703554560?ref_src=twsrc%5Etfw For 82 years, we have put people over profits. We're pulling all Facebook/Instagram advertising for the month of July. #StopHateForProfit Learn more: https://t.co/XCQSnUO8XJ https://t.co/Jp1GaKdCUN   Talkspace, a mental health app, also halted its Facebook advertising. CEO Oren Frank said he "will not support a platform that incites violence, racism, and lies." Tweet Embed: //twitter.com/mims/statuses/1267504648275005440?ref_src=twsrc%5Etfw We at @Talkspace discontinued our partnership discussions with @Facebook today. We will not support a platform that incites violence, racism, and lies. #BlackLivesMatter   Software company Braze did the same. CMO Sara Spivey called for other companies to join the boycott on Twitter. Tweet Embed: //twitter.com/mims/statuses/1268172965952327680?ref_src=twsrc%5Etfw As a CMO, I am reallocating dollars planned for Facebook advertising to other places. I won't fund an org that fails to act against divisiveness and hate, hiding behind "freedom of speech." Fellow marketers, join me. #nomoremoneyforFacebook     Fons, a payment company, has sworn off Facebook advertising too.   Tweet Embed: //twitter.com/mims/statuses/1269755411369869312?ref_src=twsrc%5Etfw So many companies, including @getfons are exploring options to divest marketing budgets from FB/Insta. If we stop advertising, perhaps they'll change. https://t.co/i41nySfHMh CEO and co-founder Eric Branner said that the boycott could potentially lead to Facebook changing its policy.   * Read more: * Facebook has now removed the Trump post featuring doctored video of a Black toddler and fake CNN graphics * After 4 years of timidity, Facebook and Twitter are finally taking basic steps to curb Trump's worst instincts * Twitter marked a Trump tweet mocking CNN as 'manipulated media'
https://bit.ly/37LUzgA

Popular posts from this blog

SpaceX has a 'go' from NASA to return 2 astronauts to Earth on Sunday as Hurricane Isaias threatens several Florida splashdown locations

* NASA on Saturday gave SpaceX a "go" to undock the company's first crewed space mission, called Demo-2, and land it on Sunday evening. * Hurricane Isaias complicated original plans to return two astronauts to Earth aboard SpaceX's Crew Dragon spaceship in the Atlantic Ocean. * Elon Musk's aerospace company may now try to splash down NASA astronauts Bob Behnken and Doug Hurley in the Gulf of Mexico. * Two out of seven total landing sites near Florida must have good weather conditions, and NASA has until about 5 p.m. ET on Saturday to call off the undocking. * Should the weather worsen, NASA and SpaceX can try again a day later or some other date over the next two months. * Visit Business Insider's homepage for more stories. Astronauts Bob Behnken and Doug Hurley have a "go" to return to Earth this weekend and wrap up an historic space mission for both NASA and SpaceX.  Behnken and Hurley launched to orbit aboard SpaceX's Crew Dragon vehic...
Read more

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital.  * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020.  * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories.  The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Mil...
Read more

How to send your location on Snapchat to your friends through the app's Snap Map feature

* You can send your location on Snapchat to a single friend or to several users in a group.   * To send a location on Snapchat, you'll need to visit your friendship history with a user and locate the "Send My Location" feature.  * Once you send a location on Snapchat to a friend, they can tap it and zoom in to see where you are.  * Visit Business Insider's Tech Reference library for more stories. Whether you want to share the location of your favorite restaurant or the address of your new apartment, you can easily send your location on Snapchat to your friends.  You can do this using the Snap Map and will even be prompted to select who you want to share you location with the first time you use the app feature. You can choose to share your location with your mutual friends, a list of friends with exceptions, or a small group of selected friends.  To send your location directly to a mutual Snapchat friend, you must visit your chat history through your friends li...
Read more