American corporate giants Ford, Pepsi and Microsoft are the latest blue-chip companies to join the growing advertising boycott of Facebook and its subsidiary Instagram over its failure to deal with hate speech and misinformation on its platform. “We are pausing all national social media advertising for the next 30 days to re-evaluate our presence on these platforms,” Ford said in a statement to Ad Age. “The existence of content that includes hate speech, violence and racial injustice on social platforms needs to be eradicated.
We are actively engaged with industry initiatives led by the Association of National Advertisers to drive more accountability, transparency and trusted measurement to clean up the digital and social media ecosystem.”.
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