Major advertisers cut spending by millions of dollars in July, but not enough to significantly damage the platform's revenue
Ad sales, which contribute nearly all of Facebook's revenue, rose 10% to $18.3 billion in the Q2 as people under lockdown spent more time online
A highly-anticipated audit of Facebook practices revealed this week that the company's decision not to remove controversial posts by President Donald Trump was "deeply troubling"
More than 900 advertisers have signed on to the "Stop Hate for Profit" campaign, organized by social justice groups including the Anti-Defamation League and Free Press
Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content. Starbucks said Sunday that its actions were not part of the #StopHateforProfit campaign, but that it is pausing its social ads while talking with civil rights organizations and its media partners about how to stop hate speech online. The coffee chain's announcement follows statements from Unilever, the European consumer-goods giant behind Ben & Jerry's ice cream and Dove soap; Coca-Cola; cellphone company Verizon and outdoors companies like Patagonia, Eddie Bauer and REI; film company Magnolia Pictures; jeans maker Levi's and dozens of smaller companies. Some of the companies will pause ads just on Facebook, while others will refrain from advertising more broadly on social media. In response to companies halting advertising, Facebook executive Carolyn Everson ...
The share-price drop eliminated $56 billion from Facebook's market value and pushed Zuckerberg's net worth down to $82.3 billion, according to the Bloomberg Billionaires Index
The symbol was in Facebook ads run on pages belonging to Trump and Vice President Mike Pence, as well as on ads and organic posts on the "Team Trump" page.
In addition to ads, Instagram would also roll out 'badges' next month that can be purchased by subscribers from their favourite creators
The list put out by Facebook also shows that the top three advertisers are all pro-government pages, namely - Bharat Ke Mann Ki Baat, Nation with NaMo and MyGov India
Facebook will place electoral ads in a searchable online library starting from next month
A campaign or outside group can set up many Facebook pages, each corresponding to a specific race or target demographics, and then put those pages' messages in front of voters with ads
Facebook has argued that it is not liable for the content its users - in this case, advertisers - post on its platform
The social network currently bans advertisements for the sale of weapons and modifications, like magazines
The EU law, which takes effect next month, promises the biggest shakeup in online privacy since the birth of the internet.
Advertising is an important staple of the free internet, but the companies buying and selling ads are turning into stalkers
Daily active users (DAUs) were 1.40 billion on average for December 2017 -- an increase of 14 per cent year-over-year
The lawsuit is the latest example of criticism levelled at Facebook for so-called micro-targeting
Housing, employment and credit are the three areas in which federal law prohibits discriminatory ads