Mark Zuckerberg Loses $7 Billion as Companies Boycott Facebook Ads

[yortsed snacilbuper]

Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network.

Shares of the social media company fell 8.3% on Friday, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the social network. Unilever said it would stop spending money with Facebook’s properties this year.

Companies from Verizon Communications Inc. to Hershey Co. have also stopped social media ads after critics said that Facebook has failed to sufficiently police hate speech and disinformation on the platform. Coca-Cola Co. said it would pause all paid advertising on all social media platforms for at least 30 days.

https://www.msn.com/en-us/money/companies/mark-zuckerberg-loses-dollar7-billion-as-companies-boycott-facebook-ads/ar-BB161IMu?ocid=msedgntp

[vercetti2021]

1. Haha

Good make that little lizard puke lose more and more

[OnDoutside]

2. That's the only message that zucker understands.

[greyl]

3. Failed to earn, not lost. nt

[tblue37]

17. If his stock's valuation falls, then his holdings lose value. It fell 8.3%. nt

[greyl]

18. right, I see that now. nt

[fleur-de-lisa]

4. Good. Hope he loses more.

[smirkymonkey]

5. Ha Ha! Good!

I hate that little shit weasel. I hope other corporations follow suit.

[CatLady78]

6. Serves him right.nt

[RainCaster]

7. It's a start

That bum needs to lose a lot more.

[rusty quoin]

8. Awwwww. Poor little dumb haired greed monster losing billions, over regular people.

[dalton99a]

9. Zuckerberg is determined to help Trump get reelected

[SunSeeker]

10. Yep. nt

[fierywoman]

13. (??What does Spanky have on Zuck??)

[ellie]

11. Good.

[Cha]

12. That's so sad!

No wonder's he's changing his tune a little.

We're not putting up with your Shit, Mark

[Doreen]

14. All I did was laugh when I read the headline.

Did not read the article because the headline just says it all.

[canetoad]

15. Zuck has revealed his true self

Morally weak and ambivelant. Not a man with firm principles except self-enrichment. Please don't financially support this man by giving him clicks.

[Tipperary]

16. But most of du will stay the course with good old Facebook.

[Wawannabe]

20. Yep

It is exacerbating!

[LanternWaste]

23. Any objective numbers to support your qualifier 'most'?

Or simply another bumper sticker lacking merit?

[Tipperary]

26. Perhaps pay attention to the numerous Facebook posts?

Really not difficult.

I bet you are on fb too, amirite?

[Wawannabe]

19. Now that! Is what Imma talkin about!

Kick him right in the wallet. Hurts worse than the nuts! Ha!

[DeSmet]

21. FOX NEWS FOR HEAVEN'S SAKE!!!!

Zuckerberg has allowed racist propaganda and misinformation on his platform yet Fox News is a race baiting origin of xenophobic propaganda, misinformation and flat out lies. In terms of scope, I submit FOX is actually more damaging. If these corporations care, FOX is next.

[Yo_Mama_Been_Loggin]

22. Ain't that a shame

[gulliver]

24. Pause a minute to notice that corporations are on our side.

[MagickMuffin]

25. Don't worry he'll be running to his russian boss putin for some d'oh

After all trump and zuckyberg work for putin!