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MENLO PARK: More than 90 international companies have boycotted the advertisements on Facebook due to less concrete steps towards ending hate speech and the spread of misinformation on its platforms.
According to a foreign news agency, the movie caused the social platform to lost its more than $60 billion in just two days.
Multinational companies like Coca-Cola, Pepsi, and Unilever are also part of the ad boycott campaign.
According to the companies, the management of Facebook has not taken any effective steps to combat hateful content based on racism. The Coca-Cola Company has suspended paid advertising on all social media platforms for at least 30 days.
Read more: Facebook will label newsworthy posts that break rules