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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

Should Your Brand Participate in the Facebook Boycott?

Over the last few days, some large, reputable brands have announced that they plan to withhold all social media advertising on Facebook and Instagram throughout the month of July (some as long as the remainder of 2020). This situation is evolving quickly and as we post this (June 30, 2020), the boycott currently includes media giants such as Coca-Cola, Starbucks, and Verizon to name a few, but have taken a stance to #StopHateForProfit. Unlike the Black Lives Matter movement, which was a gro...
Tags: Verizon, Facebook, Mark Zuckerberg, Instagram, Seo, Unilever, Announcements, Zuckerberg, Social Media Advertising, Facebook Marketing, Social Media Ads, Additionally Facebook, Coca Cola Starbucks, Facebook Boycott, Boycotting Facebook, Brands Boycotting Facebook

Microsoft paused ad spending on Facebook and Instagram over concerns about 'inappropriate content' (MSFT, FB)

Microsoft has paused advertising spending on Facebook and Instagram, Axios reported Monday.  The news comes to protest the way the company moderates hate speech. Microsoft is not participating in the boycott, according to Axios, but is concerned about the content that its ads could appear next to on the social networks. Microsoft has yet to respond to a request to confirm the report. Are you a Microsoft employee? Contact this reporter via encrypted messaging app Signal (+1-425-344-8242) or e...
Tags: Facebook, Instagram, Microsoft, Satya Nadella, US, Trends, Pepsico, Signal, Chris Capossela, Axios, Coca Cola Starbucks, MSFT FB, Instagram Axios, Business Inisder Facebook

Here's why Kylie Jenner's $800 million cosmetics empire could end up suffering the same fate as Martha Stewart's failed media company

Kylie Jenner's cosmetic company, Kyle Cosmetics, has sold more than $630 million worth of makeup, but Andreessen Horowitz partner Li Jin suggests that Jenner's company is flawed. According to Jin, Jenner relies to much on her own celebrity appeal to tout her brand. An enduring business is tied to an idea or a larger purpose, not an individual, suggests Jin.  At 20 years old, Kyle Jenner is poised to become the world's youngest billionaire. Her hugely successful cosmetic company, Kylie Cosme...
Tags: Instagram, Martha Stewart, Trends, Silicon Valley, Andreessen Horowitz, Kylie Jenner, Gwyneth Paltrow, Jenner, Forbes, Stewart, Blake, Mary Kate, Clayton Christensen, Jin, Kylie Cosmetics, Jessica Alba s Honest Company

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