Facebook exec admits there is a 'trust deficit' as advertiser boycott accelerates - News Summed Up

Facebook exec admits there is a 'trust deficit' as advertiser boycott accelerates


(CNN Business) A Facebook executive acknowledged Tuesday that the social media giant faces a "trust deficit" amid a widening advertiser revolt over misinformation and hate speech on the platform. "There is a trust deficit," Potts conceded on the call, which was convened by the Interactive Advertising Bureau of Canada. "You try to make a decision and people disagree and maybe that builds that deficit even deeper." Asked for comment about the call, Facebook spokesman Andy Stone told CNN Business: "It's normal for us to have conversations with advertisers and discuss issues, including policy matters. Potts' remarks were first reported by the Financial TimesRead More


Source: CNN June 24, 2020 21:22 UTC



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