Facebook's advertising crisis shows CEOs are heeding calls for equity - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The great a-woke-ning: Mark Zuckerberg's $8 billion dip in net worth from the Facebook ad boycott shows corporate America is finally listening to calls for racial justice

, show that the summer of 2020 is bearing witness to a reckoning with racism that appears to be producing and effecting material business outcomes.

"What began as a global health crisis became a humanitarian crisis, and then it quickly exploded into an unemployment and an economic crisis. But it also became a moral crisis," Seidman told Business Insider. We were all forced to deal with profound dilemmas: "How do we balance lives and livelihoods?" he asked. "Who's impacted disproportionately and how?"

Business leaders, some of whom had to make the decision themselves to lay people off, couldn't help but notice these inequalities, he said.While socially isolating to stop the spread of the coronavirus, everyone had more time to tune into the news, said diversity strategist and author Lenora Billings-Harris. "We have been perhaps paying more attention to the media than we would on a normal day. So we're all seeing more," she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

no

Interesting article but I dint think if FB lost anything. Some investors are blindly buying FB stock for an extremely overvalued price, yet generating more for FB.....

What is Facebook doing that is against racial justice? It’s amazing to watch the propaganda and false narratives unfold before an election.

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:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Quibi is working with influencers, inside its strategy - 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. The status quo wins another day.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Quibi is working with influencers, inside its strategy - 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 »

9 facts that show just how wealthy Facebook CEO Mark Zuckerberg really is - 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 »

Chief marketer discusses Facebook advertising 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »