Posted on 06/27/2020 1:21:56 PM PDT by NoLibZone
Facebook shares dropped 8.3 percent on Friday, eliminating $56 billion from the company's market value, after British-Dutch consumer goods company Unilever joined a number of other big brands in pulling its advertisements from the site, according to Bloomberg.
Zuckerberg now ranks at No. 4 on the index with a net worth of $82.3 billion, behind Amazon founder Jeff Bezos, Microsoft founder Bill Gates and LVMH Moët Hennessy – Louis Vuitton CEO Bernard Arnault.
COCA-COLA PAUSES PAID ADVERTISING ON SOCIAL MEDIA PLATFORMS
Companies ranging from Verizon to Ben & Jerry's to The North Face are pulling ads from Facebook and Instagram as part of the #StopHate4Profit campaign led by a number of civil rights groups including the Anti-Defamation League and the NAACP. Some companies have also pulled advertising from Twitter.
They are pressuring Zuckerberg to go “all in” on the censor conservative/patriotic/nationalist American thought. Hopefully he’ll resist. After all, he’s not going to have to sell his stock tomorrow...he can out wait them.
“Big Brands realizing that advertising on social media is putting them in constant non stop battles.”
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IMHO, you misunderstand. This latest action is just another battle that THEY are engaging in...and they’re not engaging on the side of American patriots.
See Zucky...We told ya not everyone loved you.
This is about banning conservative voices. The big corporations are on the side of evil.
Will the Free Republic pages be removed?
He’s being Nazi enough for corporate America?
Ayn Rand readers will remember that Gail Wynand eventually gave in. Zuckerberg will do it much faster, as he has no emotional ties to conservatism or the Constitution.
Was there ever any doubt about that?
No, they are pressuring for MORE censorship.
Despite mountains of evidence over many years.
Stockholm syndrome or something.
The communists have infiltrated and now own “big business.” Long gone are the days where the corporations would support market capitalism and freedom. They want socialism. The millennial CEOs and board members that run these companies have bought into the lie that has been fed to them by their swinger trophy wives and the education establishment.
Corporations are no longer on our side.
Oh no! Suckerberg may have to sell a couple of his mansions and/or a few yachts to compete with Bozo of Amaton.
“Big Brands realizing that advertising on social media is putting them in constant non stop battles.”
You missed the whole point of these companies pulling their ads.
They want Zuck to move even more to the left by censoring anything that might be considered sane.
“Corporations are no longer on our side.”
Uh, who is?
Not gonna click on the link. Just tell me if the author tells us how much he's worth now. Asking for Boo Hoo Girl.
Facebook shares dropped 8.3 percent on Friday, eliminating $56 billion from the company's market value,
Same here. They lost 56 billion. How much does Facebook have in its safe now?
Parler.com aint helping the Zuck either. If you havent signed up please do. Lots of our big name friends are very active there.
Here’s a suggestion that could bury Facebook (and a few other censorship-minded tech companies as well):
Start a movement among conservatives to complain to advertisers that we are being mistreated by Facebook’s obvious censoring of our views and threaten to refuse to buy their products unless they stop advertising on Facebook (and the other censors, as well).
That pressure, coming from the opposite direction, will put advertisers in a heck of a bind since it’s now their entire market at risk, buyers on both the right and the left. The obvious solution is to stop using media companies for advertising if those media companies irritate either side, i.e,, censor or refuse to censor. If enough companies dropped ads, Facebook would be toast.
So, join the effort. Let advertisers know that if they advertise on Facebook, you’re done buying their products. With flak coming from both sides, they’ll probably drop their ads.
And let the Left do the scouting. As soon as they start to berate a company, join in. Let the Left bring down Facebook with our help. Because it sure looks like Congress isn’t about to do anything to stop Zuckerberg and his tech buddies from censoring conservative views.
Corporate America has gone all-in for the leftists. It is only a matter of time before anyone expressing conservative views will be unable to open a bank account, get (or accept) a credit card, have insurance, or participate in many other commercial activities. They are 100% in the tank.
Facebook will cave in no time. Certainly before the election. Only when conservatives cease to do business with leftist corporations will this (possibly) change.
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