Facebook is slowing its donations to US politicians, even as a hotly contested presidential election approaches.
And it is moving away from donating to candidates directly, instead directing its funds to Democratic and Republican Party committees only.Facebook is taking an unusually conservative approach to political donations in 2020. In the past, Facebook has funded Democratic Sen. Chris Coons of Delaware, Republican Sen.
Facebook's PAC spend over the past two two-year election cycles, and its projected total spend for 2020.Meanwhile, Facebook's revenues have grown dramatically — from $5.4 billion in the first quarter of 2016 to $17.7 billion in the first quarter of 2020, along with its corresponding profits. While in previous months and years Facebook has patronized a variety of politicians, in its July 2020 filing published Monday , it details donations to only four organisations: The Democratic Congressional Campaign Committee , the Democratic Senatorial Campaign Committee , the National Republican Congressional Committee , and the National Republican Senatorial Committee , of $15,000 apiece. As the 2020 election ramps up, Facebook has found itself increasingly under fire from all sides.
Mark Zuckerberg has Bill Gate as mentor and history have shown how Bill Gate's good relationships with politicians proved vital towards making him one of the most important men of the 22st century.
Instead,just give them donuts.
BoycottFacebook. Zuckerberg supports Trump.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump suggests that he won't accept the 2020 election results if he loses - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. realDonaldTrump you have made the USA a laughing stock of the world. Can not wait for you to refuse to accept the results. Choices have consequences Is that why mercenaries and secret police are being deployed in American cities? The world won't be surprised at all, just realDonaldTrump thing...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 25 best US companies for Black, Indigenous, and employees of color in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why polls in 2016 weren't wrong, and why you can trust 2020 polls - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ContentedIndie I already know why. Lack of third party impact, and Biden holding at 50% steadily. See the Polling on FiveThirtyEight: July 20, 2020 (9:36 AM) Biden: 50.4% (+8.8) Trump: 41.6% Others: 2.0% July 20, 2016 Clinton: 41.0% (+2.7) Trump: 38.3% Johnson: 8.8% Loooool. 96% Hillary!!! Nuff said Donald Trump cheated in 2016 and got caught. He obstruct justice until now.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook CEO Mark Zuckerberg says he speaks with President Trump 'from time to time' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. of course he does -- takes his orders the owner of Global Data MZ is another trump stooge
Source: BusinessInsider - 🏆 729. / 51 Read more »