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Verizon Moving Advertising Money Away From Facebook

Written by on June 26, 2020

Verizon is moving advertising money away from Facebook. In hopes that the social media company will do more to stop racism being shared. One of the world’s biggest cell phone companies is part of a boycott organized by civil rights groups under the rallying cry of “#StopHateforProfit.”

“We have strict content policies in place and have zero tolerance when they are breached, we take action,” New York-based Verizon said in a statement. “We’re pausing our advertising until Facebook can create an acceptable solution that makes us comfortable.”

This is not the first time Verizon has stopped advertising with a company. They took a similar stance against Google’s YouTube Video service for content that was inconsistent with the company‘s values. To Read More Click Here

Source: CBS News


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