Big firms take an FB break

Big firms take an FB break

New York - German bank Commerzbank also said it was putting Facebook advertising "on hold" as it evaluates data security.



By AP

Published: Sat 24 Mar 2018, 10:00 PM

Last updated: Sun 25 Mar 2018, 12:21 AM

Mozilla, Tesla and other companies are distancing themselves from Facebook following revelations of a major leak of user data to political consultants associated with the 2016 Trump campaign.
While the actions will not likely be permanent and won't have much of an effect on Facebook's bottom line, they're the latest fallout the social-media giant has to contend with from the ever-spiralling scandal - along with a tumbling stock price and a #deletefacebook movement.
"We're taking a break from Facebook," Mozilla said in a blog post. The company, which created the Firefox web browser, said it is "pressing pause" on its Facebook advertising and won't be posting on its Facebook page.
German bank Commerzbank also said it was putting Facebook advertising "on hold" as it evaluates data security. And Sonos, which makes speakers and other electronics, said it is pulling advertising from Facebook, Instagram, Google, and Twitter for a week.
Elon Musk, meanwhile, made waves, saying in a Twitter exchange that he would take down the Facebook sites for his companies Tesla and SpaceX. 
 


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