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Prominent DTC brands including Casper, Glossier, Harry's, and Smile Direct Club are continuing to pump money into Facebook and Instagram despite the ad boycott

Many direct-to-consumer upstarts have steered clear of joining the boycott called for by civil rights and other groups to protest hate speech on Facebook amid nationwide protests over racial injustice. As of July 2, prominent DTC brands including Bark & Co., Casper, Daily Harvest, Freshly, Glossier, Harry's, and Stitch Fix were all still actively running ads across Facebook and Instagram in the US. The economic downturn has made it hard for DTC companies to abandon Facebook since it's one of t...
Tags: Facebook, Mark Zuckerberg, Instagram, US, Trends, Deutsche Bank, Mailchimp, Birchbox, Zuckerberg, Google Pinterest, Mike Duda, Sleeping Giants, UNTUCKit, Smile Direct Club, Matt Rivitz, George Floyd


Elon Musk denies Jeffrey Epstein toured SpaceX facilities

Elon Musk on Saturday denied that the late convicted sex offender and multimillionaire Jeffrey Epstein was given a tour of a SpaceX facility.  A photo showed Musk with Ghislaine Maxwell, Epstein's alleged co-conspirator who was arrested on Thursday, raising questions about his relationship to Musk.  In a statement to Vanity Fair last year, Musk distanced himself from Epstein, who he said was "obviously a creep."   Visit Business Insider's homepage for more stories. Elon Musk refuted rumors S...
Tags: Facebook, Mark Zuckerberg, Spacex, Elon Musk, London, Trends, Tesla, Yale, Bill Clinton, Maxwell, Manhattan, Donald Trump, Vanity Fair, Musk, Business Insider, Elon


Trump's closest Silicon Valley ally, Peter Thiel, is reportedly abandoning the president's reelection campaign

Peter Thiel is backing away from supporting President Donald Trump's reelection campaign, sources told The Wall Street Journal. Thiel has been Trump's highest-profile ally in Silicon Valley. Sources said Thiel thought Trump's reelection campaign was doomed to fail because of the economic damage done by the coronavirus pandemic. Visit Business Insider's homepage for more stories. President Donald Trump's most vocal supporter in Silicon Valley, Peter Thiel, is said to have lost faith that Trump...
Tags: Facebook, Mark Zuckerberg, Senate, US, Trends, Paypal, Hawaii, House, Peter Thiel, Silicon Valley, Donald Trump, Wall Street Journal, Palantir, Journal, Trump, Customs Enforcement


Donald Trump's closest Silicon Valley ally, Peter Thiel, is reportedly abandoning the president's re-election campaign

Peter Thiel is backing away from supporting Trump's re-election campaign, sources told the Wall Street Journal. Thiel has been Trump's most high-profile ally in Silicon Valley. Sources said Thiel thinks Trump's re-election campaign is doomed to fail becuase of the economic damage done by the coronavirus pandemic. Visit Business Insider's homepage for more stories. Donald Trump's most vocal supporter in Silicon Valley, Peter Thiel, has reportedly lost faith that Trump can win the 2020 election...
Tags: Facebook, Mark Zuckerberg, Senate, US, Trends, Paypal, Hawaii, House, Peter Thiel, Silicon Valley, Donald Trump, Wall Street Journal, Palantir, Journal, Trump, Department of Health and Human Services


'Advertisers will be back soon enough': Mark Zuckerberg dismisses Facebook boycott

Mark Zuckerberg has dismissed a hate speech boycott by some of its biggest advertisers - saying it threatens only "a small per cent" of the company's revenue and firms will come back "soon enough".In his most direct response so... [Author: [email protected]]
Tags: Facebook, Mark Zuckerberg, Business


A Facebook recruiter filed a federal complaint alleging the company is biased against Black employees and job candidates (FB)

A Facebook recruiter and two rejected job applicants filed a complaint Thursday with the Equal Employment Opportunity Commission accusing the company of discriminating against Black workers, as first reported by The Washington Post. The three workers, all of whom are Black, alleged that Facebook has a pattern of "racial discrimination in hiring, evaluations, promotions, and pay" for Black employees and job applicants. "There may be Black Lives Matter posters on Facebook's walls, but Black work...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Washington Post, Trends, Unilever, Silicon Valley, Naacp, Donald Trump, The Washington Post, Black, Business Insider, Zuckerberg, Equal Employment Opportunity Commission, Anti Defamation League


A new alert on Facebook and Instagram tells people to wear masks in public to help prevent the spread of the coronavirus

A new alert on Facebook and Instagram advises users in the US to wear face masks in public. The announcement of the new notice comes as coronavirus cases rise in the US and some states implement regulations requiring face masks in public. While Facebook strives to combat coronavirus misinformation the company refuses to budge on its controversial hate-speech policy, which has led over 500 advertisers to halt their ads on the platform. Visit Business Insider's homepage for more stories. More a...
Tags: Amazon, Facebook, Mark Zuckerberg, Instagram, US, Trends, Donald Trump, Zuckerberg, Center for Disease Control and Prevention, Johns Hopkins University Facebook, George Floyd


Mark Zuckerberg: advertisers' boycott of Facebook will end 'soon enough'

We will not change our policies or approach, says ZuckerbergMore than 500 companies are protesting against hate speechMark Zuckerberg has dismissed the threat of a punishing boycott from major advertisers pressing Facebook to take a stronger stand on hate speech and said they will be back “soon enough”.According to a , the Facebook founder and CEO sees the boycott from big brands including Starbucks and Coca-Cola as a PR issue rather than a serious threat and is not planning a major response. ...
Tags: Facebook, Mark Zuckerberg, Business, Technology, Starbucks, Coca Cola, Zuckerberg, Information Continue


Zuck thinks boycotting advertisers will return to Facebook — and he could be right

More than 500 advertisers are boycotting Facebook for not controlling hate speech. But Mark Zuckerberg is not worried. In an internal Facebook meeting, the company CEO said that “my guess is that all these advertisers will be back on the platform soon enough.” The Information got hold of a transcript of this meeting, where Zuckerberg addressed concerns of Facebook employees over major brands pausing ad spend on the social network. Despite the pushback from advertisers, Zuckerberg seems adamant. ...
Tags: Startups, Facebook, Mark Zuckerberg, Zuckerberg, Zuck


Tim Cook, Mark Zuckerberg, Jeff Bezos, and Sundar Pichai will all testify before Congress in an antitrust hearing

Facebook's Mark Zuckerberg, Google's Sundar Pichai, Apple's Tim Cook, and Amazon's Jeff Bezos will all testify before Congress in an antitrust hearing in late July. The news was confirmed by Democratic Rep. David Cicilline of Rhode Island. Zuckerberg, Pichai, and Bezos had all reportedly been confirmed by mid-June, although Zuckerberg and Pichai said they would only testify if Cook did too. Cicilline's comments suggest Cook has now agreed to attend. Visit Business Insider's homepage for more ...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Cook, Congress, Trends, Eu, Bloomberg, Tim Cook, European Commission, Department Of Justice, Jeff Bezos, Rhode Island, Sundar Pichai


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Mark Zuckerberg reportedly said Facebook is 'not gonna change' its policies on policing hate speech, in response to a boycott by more than 500 advertisers over the company's hate speech policies. Major brands like Coca-Cola, Ford, Starbucks, and Verizon have joined the boycott. Apple is re-closing 30 more stores in the US as coronavirus cases have spiked across the country. Apple will be re-closing stores in Alabama, Californi...
Tags: Apple, Google, Verizon, Facebook, Mark Zuckerberg, UK, Cook, US, Trends, Tesla, Bbc, Mit, House, Tim Cook, Los Angeles Times, Alexa


Can Facebook weather the ad boycott?

On Wednesday, more than 500 companies officially kicked off an advertising boycott intended to pressure Facebook into taking a stronger stand against hate speech. CEO Mark Zuckerberg has agreed to meet with its organizers early next... [Author: [email protected]]
Tags: Facebook, Mark Zuckerberg, Business


Mark Zuckerberg reportedly said Facebook is 'not gonna change' in response to a boycott by more than 500 advertisers over the company's hate speech policies (FB)

Mark Zuckerberg told employees that Facebook is "not gonna change" in response to the growing advertiser boycott over its hate speech policies, reported Wednesday. Zuckerberg called the boycott a "reputational" issue, saying it threatened only a "small percent" of Facebook's revenue and predicting advertisers would return to the platform "soon enough," according to The Information. More than 500 companies have joined the boycott in the last week, including major brands like Coca-Cola, Ford, ...
Tags: Verizon, Facebook, Mark Zuckerberg, Trends, Unilever, Donald Trump, Zuckerberg, Trump, Reuters, ADL, Color of Change, Todd Gutnick, NAACP Color of Change, Coca Cola Ford Starbucks, NAACP Anti Defamation League, Coca Cola Ford Starbucks Verizon Adidas


The biggest companies no longer advertising on Facebook due to the platform's lack of hate-speech moderation

Civil rights organizations including NAACP, Color of Change, Anti-Defamation League, and Sleeping Giants asked advertisers to stop paying for advertisements on Facebook in the wake of George Floyd's death at the hands of Minneapolis police officers. Since Floyd's death, Facebook has allowed posts in which Trump called protesters "thugs" and suggested violence when he wrote, "when the looting starts, the shooting starts." Facebook CEO Mark Zuckerberg decided not to take action in removing the c...
Tags: Firefox, Verizon, Facebook, Mark Zuckerberg, Europe, John Lewis, Instagram, Minneapolis, Nbc News, US, America, Trends, Diageo, Unilever, Adidas, Cnn


Mark Zuckerberg urges people to wear a mask to help 'keep this country open' (FB)

Mark Zuckerberg is calling on people to wear masks to help halt the spread of the coronavirus.  "Covid is spreading quickly again and masks help keep people healthy and keep the country open," Zuckerberg wrote in an Instagram caption accompanying a photo of him and his wife, Priscilla Chan, wearing masks. While researchers have found that universal masking could contain the outbreak and eliminate the need for lockdowns, the issue has become politicized, with some Americans claiming a mask mand...
Tags: Facebook, Mark Zuckerberg, UK, Instagram, Minneapolis, Youtube, Trends, Ford, House, Nancy Pelosi, Donald Trump, Wall Street Journal, Sheryl Sandberg, Zuckerberg, Priscilla Chan, Trump


Mark Zuckerberg's network effects nightmare

Hello and welcome back to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: Tech's "surge" of goodbyes and Facebook's network effects nightmare The tech business thrives on newness — new products, new features, new speeds. Even when the new stuff is really just old stuff with a new name, you can be s...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Yahoo, Ipo, Softbank, US, Trends, CMO, Tesla, Netflix, Missouri, Aol


Facebook is cracking down on anti-government extremist 'boogaloos,' but it has reportedly been profiting off boogaloo ads calling for violence for months (FB)

Facebook on Tuesday banned hundreds of accounts and groups associated with the "boogaloo" movement, designating a subset of the anti-government extremist network as "violent." But Facebook took money from boogaloo-affiliated advertisers for several months before its ban, reported. Some of those ads suggest violence, despite Facebook's claims that it is cracking down on such content. Facebook has been facing growing pressure to take stronger action against hate speech and racism on its platfo...
Tags: Facebook, Mark Zuckerberg, Instagram, Trends, Adidas, Donald Trump, BuzzFeed News, Coca Cola Verizon


Could the shift to remote working make tech more inclusive?

Tech giants, including Microsoft, Google, Facebook, Twitter, and Amazon, have already stated they'll be adapting company policies to allow for more remote working. In the business software and tech infrastructure sectors, which are more in-demand than ever, it seems likely that recruiting will resume quickly, with companies seeking to fill specifically remote positions.The tech sector has long suffered from a diversity problem, and remote working fosters a better culture of inclusivity.As the co...
Tags: Amazon, Work, Facebook, Mark Zuckerberg, New York, Technology, Stanford, India, US, America, San Francisco, Cisco, Innovation, Cnbc, Kapor Capital, Remote


SAP joins the growing ad boycott against Facebook, even as the new CEO says it's 'time to stand up against racism' (SAP)

SAP says it will suspend advertisements on Facebook and Instagram as it endorsed the "Stop Hate for Profit" campaign against the social network. "We will suspend all paid advertisements…until the company signals a significant, action-driven commitment to combating the spread of hate speech and racism on its platforms," the company said in a statement.  Major companies, including Coca-Cola, Starbucks and Unilever, have pulled ads on Facebook in the wake of the mass protests against racism follo...
Tags: Facebook, Mark Zuckerberg, Instagram, Ipo, US, Trends, Unilever, Pepsico, Hewlett Packard, Donald Trump, Sap, Trump, Christian Klein, Coca Cola Starbucks, Business Insider SAP, SecureDrop Claim


A Bay Area politician is pushing to rename the Zuckerberg San Francisco Hospital as anger swirls around Facebook's lax hate speech policies

A San Francisco district supervisor has renewed debate about the name of the city's public hospital, which is named after Mark Zuckerberg and Priscilla Chan.  In 2015, the couple donated $75 million to the hospital, which renamed itself in their honor. Matt Haney, a Democrat, cited recent reports of advertiser boycotts over Facebook's hate speech moderation policies, as well as Zuckerberg's "cozy" relationship with Trump. There were previously calls to remove Zuckerberg's name from the buildin...
Tags: Facebook, Mark Zuckerberg, US, San Francisco, Trends, Unilever, Donald Trump, Zuckerberg, Priscilla Chan, Bay Area, Trump, Democratic Party, CHAN, San Francisco Chronicle, San Francisco General Hospital, Aaron Peskin


Elon Musk called Jeff Bezos a copycat — again — over Amazon's Zoox acquisition. Here are 9 other rivalries that have formed between some of the world's biggest tech CEOs.

While there are many close friendships among tech CEOs in Silicon Valley, there are plenty of feuds, too.  Some appear to be friendly rivalries — like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison — but others have become more contentious.  Tim Cook and Mark Zuckerberg, for example, have been openly feuding for years, while Elon Musk and Jeff Bezos have made digs at each other over outer space.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, Time, San Francisco, Trends


Reddit, YouTube, and Twitch are taking major steps to crack down on hate speech from pro-Trump and far-right groups (GOOG, GOOGL, AMZN, FB)

Major social media platforms on Monday took action against Trump, pro-Trump groups, and far-right accounts for violating their policies against hate speech. Reddit banned r/The_Donald, the largest pro-Trump subreddit, Twitch suspended Trump's official account, and YouTube banned a number of prominent white supremacists' channels. The moves come as major advertisers are boycotting Facebook over the company's refusal to take more aggressive action against hate speech and misinformation. Visit Bu...
Tags: Google, Facebook, Mark Zuckerberg, Youtube, Trends, Reddit, Naacp, Donald Trump, Steve Huffman, North Face, Trump, Ku Klux Klan, Tulsa Oklahoma, Denny, Ben Jerry, Stefan Molyneux


Amazon's Twitch just suspended Trump's channel for violating 'hateful conduct' policies and cited his campaign speeches as the reason (AMZN)

President Donald Trump's Twitch account is temporarily suspended, the Amazon-owned video-streaming company announced on Monday. Twitch said Trump's words violated the company's hateful-conduct rules. It gave two prime examples from Trump campaign rallies: one in 2015, and another in late June in Tulsa, Oklahoma. Twitch is the latest social platform to struggle with moderating the US president's speech. Visit Business Insider's homepage for more stories. President Donald Trump's Twitch account...
Tags: Amazon, Facebook, Mark Zuckerberg, Twitter, Mexico, White House, US, Trends, Reddit, Miami, Donald Trump, Steve Huffman, Trump, Tulsa Oklahoma, Facebook Twitter, AMZN


9 facts that show just how wealthy Facebook CEO Mark Zuckerberg really is

Mark Zuckerberg's net worth dropped nearly $10 billion in just a week. The drop came after Coca-Cola and other major companies suspended advertising with the social-media giant. Zuckerberg's net worth, an estimated $82.3 billion, is largely tied to his Facebook stock. Even with Facebook's ad boycott issues, the site's cofounder is still plenty rich. Visit Business Insider's homepage for more stories. Mark Zuckerberg's net worth dropped by nearly $10 billion in just a week after , Starbucks, ...
Tags: Facebook, Mark Zuckerberg, US, Trends, Bloomberg, Palo Alto, Starbucks, Jamaica, Jordan, Kylie Jenner, Jeff Bezos, Nicaragua, Lake Tahoe, Tahoe, Social Security Administration, Coca Cola


Mark Zuckerberg's net worth dropped nearly $10 billion in just a week as an advertiser boycott sinks Facebook's share price. Here's how the CEO makes and spends his fortune.

Advertisers including Verizon, Honda, and Ben & Jerry's are boycotting Facebook over the social network's lack of hate-speech moderation. The boycott is sinking both Facebook's share price and CEO Mark Zuckerberg's net worth. Zuckerberg has a net worth of $82.3 billion, making him the fourth-richest person in the world. Zuckerberg drives an affordable car and wears basic clothes, but appears to splurge on real estate, buying houses and then buying the surrounding properties for privacy.  Zu...
Tags: Facebook, Mark Zuckerberg, Europe, Yahoo, Minneapolis, US, America, San Francisco, Trends, Eu, Bloomberg, Palo Alto, Harvard, Ford, Paris, Athens


All of the companies no longer advertising on Facebook due to the platform's lack of hate-speech moderation

Civil rights organizations including NAACP, Color of Change, and Anti-Defamation League asked advertisers to stop paying for advertisements on Facebook in the wake of George Floyd's death at the hands of Minneapolis police officers. Since Floyd's death, Facebook has allowed posts in which Trump called protesters "thugs" and suggested violence when he wrote, "when the looting starts, the shooting starts." Facebook CEO Mark Zuckerberg decided not to take action in removing the content despite re...
Tags: Verizon, Facebook, Mark Zuckerberg, John Lewis, Instagram, Minneapolis, Nbc News, US, Trends, Unilever, Cnn, Patagonia, Starbucks, Honda, Naacp, Coca Cola


Facebook executives pleaded with Trump to tone down his post threatening violence against George Floyd protesters, report says

Facebook executives haggled with Trump over a post about the George Floyd protests in which he said "when the looting starts, the shooting starts," The Washington Post reports. Facebook deputies called the White House, asking Trump to either tone down the language or delete the post altogether, sources told The Post. CEO Mark Zuckerberg told Trump the post put Facebook in a difficult position. Visit Business Insider's homepage for more stories. Facebook tried to convince President Donald Trum...
Tags: Verizon, Facebook, Mark Zuckerberg, Post, Minneapolis, Washington Post, White House, Trends, Miami, Donald Trump, Zuckerberg, Trump, National Guard, The Post, Twitter YouTube Facebook, Zuckerberg Trump


Facebook has bent its hate speech and misinformation policies around Trump since before he was president, report says

A Washington Post report claims Facebook has steadily weakened its hate speech and misinformation policies to adapt to Donald Trump. The report says the company began bending its policies in 2015, when then-candidate Trump posted a video saying he would ban Muslims from entering the US. CEO Mark Zuckerberg was reportedly in favor of taking action against the post, but sources said Facebook executive Joel Kaplan talked him out of it. Facebook's approach to Donald Trump's posts over the past mon...
Tags: Verizon, Facebook, Mark Zuckerberg, Twitter, Post, Minneapolis, Washington Post, Washington, US, Trends, Unilever, Donald Trump, The Washington Post, Trump, Kaplan, The Post


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. The Washington Post reports that as far back as 2015 Facebook started altering its policies to accommodate Donald Trump. The Post's report relies on information from a dozen former and current employees plus previously unreported documents. . The stock plummet wiped $7 billion off CEO Mark Zuckerberg's net worth. .  The coffee shop chain will continue to advertise on YouTube however. . "There is much more to be done, especial...
Tags: Facebook, Mark Zuckerberg, Post, Spacex, Washington Post, Youtube, China, Singapore, US, Trends, Unilever, Eu, Bbc, Honda, Donald Trump, Black Lives Matter


Starbucks suspends advertising on all social media platforms, becoming the latest company to boycott Facebook

Starbucks announced Sunday it will suspend all of its advertising across social media platforms as it conducts discussions "internally, with our media partners, and with civil rights organizations" about ending the spread of hate speech. Facebook, in particular, has taken criticism for its response to hate speech on its platform and its decision to allow President Trump to make controversial posts, such as calling protesters "thugs" and writing "when the looting starts, the shooting starts." S...
Tags: Google, Facebook, Mark Zuckerberg, London, Minneapolis, Youtube, Trends, Patagonia, Starbucks, Donald Trump, Coca Cola, Cnbc, Business Insider, Zuckerberg, Trump, Anti Defamation League



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