Verizon decides Facebook doesn't need its ad money after all
Mark Zuckerberg can definitely hear Verizon now.
The telecommunications giant announced Thursday that it is immediately ceasing all advertising on Facebook. So reports CNBC, which notes that Verizon is joining the likes of Patagonia, REI, and Ben & Jerry's in financially distancing itself from the controversial social media platform.
In an emailed statement to Mashable, a Verizon spokesperson chalked the move up to vague displeasure with varying violations of unspecified policies.
"Our brand safety standards have not changed," a Verizon spokesperson told Mashable. "We have strict content policies in place and have zero tolerance when they are breached, we take action. 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." Read more...More about Facebook, Verizon, Social Media, Tech, and Big Tech Companies