More than 500 corporations are suspending advertising on Facebook because of founder and CEO Mark Zuckerberg’s reluctant and minimalist response to calls to end hate speech and misinformation on Facebook. Here’s an excerpt from Mark Zuckerberg: advertisers’ boycott of Facebook will end ‘soon enough’about the Stop Hate for Profit campaign in The Guardian.
Mark 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”…
“We’re not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue,” he said, according to the Information.
Zuckerberg says it’s no big deal and won’t hurt the company’s bottom line if corporate advertisers boycott the platform for at least a month. When it comes to hate speech, shouldn’t there be other concerns beyond his bottom line? From the quotes in The Guardian article, Zuckerberg stands firm against his advertisers’ protestations.