Verizon says it is pulling advertising on Facebook until the company 'can create an acceptable solution that makes us comfortable.'
Verizon CEO Hans Vestberg speaks on the floor at the New York Stock Exchange, October 22, 2019.said on Thursday it is pulling advertising on Facebook until the company "can create an acceptable solution that makes us comfortable.", Patagonia and REI have also said they plan to pause advertising on the platforms.called on Facebook advertisers
to pause their spending on the social media platform during the month of July. The groups -- the Anti-Defamation League, the NAACP, Sleeping Giants, Color of Change, Free Press and Common Sense -- asked "large Facebook advertisers to show they will not support a company that puts profit over safety."addressed an open letter to companies advertising on Facebook
, signed by the organization's CEO and National Director Jonathan Greenblatt. In the letter, the organization said it "found an advertisement for Verizon appearing next to a video from the conspiracy group QAnon drawing on hateful and antisemitic rhetoric, warning that the Federal Emergency Management Agency is planning to bring on civil war with concentration camps and coffins at the ready and claiming Americans are already quarantined in militarized districts.
"We have strict content policies in place and have zero tolerance when they are breached, we take action," Verizon's chief media officer John Nitti said in a statement. "We're pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with what we've done with YouTube and other partners.
, the company sent a memo from the company's VP of global business Carolyn Everson to advertisers last week saying that it does not "make policy changes tied to revenue pressure" and that it sets "policies based on principles rather than business interests."
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