Facebook, Twitter shares drop as European giant pulls ads

Facebook, Twitter shares drop as European giant pulls ads

4 years ago
Anonymous $GRbK1oXs9y

https://apnews.com/b38818f48561889452c77fe736646454

SAN FRANCISCO (AP) — Shares of Facebook and Twitter dropped sharply Friday after the the giant company behind brands such as Ben & Jerry's ice cream and Dove soap said it will halt U.S. advertising on Facebook, Twitter and Instagram through at least the end of the year.

That European consumer-product maker, Unilever, said it took the move to protest the amount of hate speech online. Unilever said the polarized atmosphere in the United States ahead of November's presidential election placed responsibility on brands to act.