Facebook COO Sheryl Sandberg said the company needs to get better at removing hateful speech – a response to hundreds of companies that have stopped advertising on the social network.
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Advertisements for more than 400 brands are due to vanish from Facebook on Wednesday after the failure of last-ditch talks to stop a boycott over hate speech on the site.
Facebook shares were poised to fall for a second day after more businesses, including Starbucks and Diageo, joined the growing number of brands planning to halt spending on social media.
Mark Zuckerberg just became $7.2-billion poorer after a flurry of companies pulled advertising from Facebook’s network – but he’s still the fourth richest person in the world.
Facebook’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payment as they would a photo or video.
Facebook fired an employee who had criticised CEO Mark Zuckerberg’s decision not to take action against inflammatory posts by US President Donald Trump this month.
Nearly three dozen former employees from Facebook’s early days blasted Mark Zuckerberg’s decision not to act against incendiary posts by US President Donald Trump.
Reality has intervened and thrown roadblocks in front of Facebook’s spectacular success. Its CEO, Mark Zuckerberg, now faces an important choice.