Verizon is pulling its advertising from Facebook - News Summed Up

Verizon is pulling its advertising from Facebook


(CNN Business) Telecom giant Verizon said Thursday it is pulling its advertising from Facebook, in what may be the biggest brand yet to join the #StopHateForProfit boycott. Verizon VZ "We're pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with we've done with YouTube and other partners," said John Nitti, chief media officer for, in a statement to CNN. AT&T T T-Mobile TMUS The announcement marks the first US telecom giant to join the boycott. Facebook FB Verizon's commitment covers advertising on bothand Instagram, according to Verizon spokesperson Emily Vicker. The letter highlighted an example of a Verizon ad that the ADL said appeared beside a conspiracy-mongering post on Facebook.


Source: CNN June 25, 2020 22:52 UTC



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