A growing advertising boycott of Facebook and its Instagram unit over the social media giant's handling of racism, violence and misinformation on its platform has been getting much attention, and Facebook's stock has in recent days fallen from a high, but Evercore ISI analysts Kevin Rippey and Lee Horowitz say it is "a big nothing for the fundamentals" of the company.
Starbucks, Levi's and alcoholic drinks giant Diageo are among the latest blue-chip companies, following the likes of Unilever, to join the boycott against Facebook, led by chairman and CEO Mark Zuckerberg. "We stand against hate speech,” Starbucks said.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.