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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Tech

These big businesses are all boycotting Facebook ads

By
Danielle Abril
Danielle Abril
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By
Danielle Abril
Danielle Abril
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June 26, 2020, 2:49 PM ET
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A growing number of big brands are boycotting Facebook ads in response to how the social media giant polices hate speech and violence on its service. 

Consumer products titan Unilever, Microsoft, and Reebok have all joined the list (see list below) of companies pausing advertising on not only Facebook, but also its sister service, Instagram. In some cases, advertisers have also said they plan to temporarily stop advertising on Twitter.

“Continuing to advertise on these platforms at this time would not add value to people and society,” Unilever said in a statement.

Dozens of advertisers have now joined the boycott including Verizon, Patagonia, and Eddie Bauer. A number of small businesses are also taking part, though their retreat isn’t expected to have much of an impact on Facebook’s business.

The campaign, called #StopHateForProfit, began last week after a group of organizations, including the Anti-Defamation League, National Association for the Advancement of Colored People, and Color of Change, asked businesses to stop buying ads on Facebook in July. For years, the groups have complained about how Facebook moderates its site.

The organizations accuse Facebook of being indifferent to posts inciting violence during the recent protests for racial justice, for designating conservative news site Breitbart News a “trusted news source,” and for failing to fight attempts to suppress voting.

Under pressure, Facebook CEO Mark Zuckerberg on Friday announced new policies to mollify advertisers. For example, Facebook will no longer allow ads claiming that people from a specific race, ethnicity, religious affiliation, sexual orientation, or immigration status are a threat to others. It also will add warnings to posts from politicians, for instance, that may otherwise violate its policies. The company also said it would remove false claims about polling conditions in the 72 hours leading into Election Day.

Here are some of the well-known companies that are participating in the boycott so far.

  1. Unilever 
  2. Verizon
  3. Hershey’s
  4. Honda
  5. The North Face
  6. Ben & Jerry’s
  7. REI
  8. Patagonia
  9. Eddie Bauer
  10. Upwork
  11. Mozilla
  12. Magnolia Pictures
  13. Birchbox
  14. Dashlane
  15. TalkSpace
  16. LendingClub
  17. Levi Strauss
  18. Diageo
  19. Lululemon
  20. Adidas
  21. Reebok
  22. Conagra Brands
  23. Microsoft
  24. Puma
  25. Vans
  26. Denny’s
  27. Edgewell Personal Care
  28. Pfizer
  29. Chobani
  30. HP
  31. Best Buy
  32. KIND Snacks
  33. Madewell
  34. UGG

Coca-Cola, Starbucks, Clorox, and Ford also said they would pause ads on all social media, but that they wouldn’t join the boycott.

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