- Mark Zuckerberg told employees that Facebook is "not gonna change" in response to the growing advertiser boycott over its hate speech policies, The Information reported Wednesday.
- Zuckerberg called the boycott a "reputational" issue, saying it threatened only a "small percent" of Facebook's revenue and predicting advertisers would return to the platform "soon enough," according to The Information.
- More than 500 companies have joined the boycott in the last week, including major brands like Coca-Cola, Ford, Starbucks, and Verizon.
- CIvil rights groups called on advertisers to abandon the platform earlier this month after Zuckerberg refused to take action on controversial posts by Trump about racial justice protests.
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Facebook CEO Mark Zuckerberg told employees that the company would not change its approach on hate speech despite more than 500 advertisers boycotting the platform this month, The Information reported Wednesday.
"We're not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue," Zuckerberg said during a virtual town hall last week, according to The Information.
See the rest of the story at Business Insider
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See Also:
- Mark Zuckerberg has agreed to meet with the civil rights groups that sparked a massive Facebook advertising boycott
- Facebook is cracking down on anti-government extremist 'boogaloos,' but it has reportedly been profiting off boogaloo ads calling for violence for months
- Reddit, YouTube, and Twitch are taking major steps to crack down on hate speech from pro-Trump and far-right groups
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