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No Major Changes Expected for Facebook’s Policies Amidst Worldwide Boycott

Sourced from BBC. Facebook and its family of apps have been embroiled in a far-reaching ad boycott of its platforms. The boycott, started by civil rights groups in the US, has been joined by hundreds of companies worldwide, including the likes of Unilever, Microsoft and Coca-Cola. The campaign, #StopHateforProfit, calls for Facebook to implement stricter measures to rid hate speech and racism on its platform during a time when the US is embroiled in daily protests against systemic racism and police brutality. New reports indicate that Facebook’s CEO Mark Zuckerberg is not worried by the boycott and has no intention of changing any of Facebook’s policies regarding hate speech or otherwise on its apps. Zuckerberg allegedly says that the boycott is more of a PR issue than one that will harm t...

Microsoft Reportedly Suspending Advertising on Facebook and Instagram

Sourced from Getty Images. Microsoft has reportedly paused advertising on Facebook and Instagram worldwide due to growing concerns about the content that is accompanying its adverts. Interestingly, the company isn’t participating in the industry-wide Facebook advertising boycott alongside mega-corporations like Coca-Cola and Unilever. Instead, Microsoft is more worried that their adverts might be shown with “inappropriate content” such as hate speech or pornography, according to internal communication viewed by Axios. Microsoft distances itself from larger boycott “Based on concerns we had back in May we suspended all media spending on Facebook/Instagram in the US and we’ve subsequently suspended all spending on Facebook/Instagram worldwide,” Microsoft CMO Chris Capossela said in an intern...

Facebook Buys Giphy for $400-Million

Sourced from Dialogue Pakistan One of Facebook’s largest and most notable acquisitions in recent memory is for a service commonly used to find reaction GIFs for funny memes. Giphy is a platform where users can create and share their own GIFs of whatever it is they want – from TV show snippets to baby’s eating lemons or cats texting. Facebook says it had acquired Giphy and that the service will soon become part of the social media titan’s Instagram team – making it far easier for users to find relevant GIFs for their stories and direct messages. A Facebook spokesperson told CNN that the company isn’t disclosing the terms of the deal. Reportedly, according to Axios, this deal is worth $400-million. /* custom css */ .tdi_3_acb.td-a-rec-img{ text-align: left; }.tdi_3_acb.td-a-rec-img img{ marg...