Starbucks pauses all social media ads over hate speech concerns

Starbucks said it will pause social media ads after a campaign led by civil rights organisations called for an ad boycott of Facebook.

Starbucks said on Sunday that its actions were not part of the "#StopHateforProfit" campaign, but that it is pausing its social ads while talking with civil rights organisations and its media partners about how to stop hate speech online.

Facebook's market value dropped on Friday by more than 8 per cent, about USD 50 billion, as more companies said they would pause ads. 

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