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Facebook Stock Hits Record High Amid Ad Boycott

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thewrap.com

Facebook grapples with an ad boycott spearheaded by several civil rights groups, including the NAACP and the Anti-Defamation League, over the company’s content moderation policies.

The #StopHateForProfit campaign, as it’s been dubbed, has accused Facebook and CEO Mark Zuckerberg of allowing extremists to promote violence, thanks to Facebook’s laissez faire moderation policies in comparison to other tech companies.

Facebook is also criticized for not taking action against President Trump’s recent comments,  unlike Twitter, which added a fact-check notification to a few of the president’s tweets last month.

On top of that, the groups claim Facebook isn’t doing enough to “protect” its Black and Jewish users from vile comments.Also Read: Facebo.

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