Mark Zuckerberg finally broke his silence over the series of Facebook ad boycott. The Facebook CEO claimed that all the advertisers will be back soon enough. According to Market Watch's latest report, Facebook's CEO Mark Zuckerberg said in a report citing a transcript of employee meeting that the social media platform's policies won't change because of the massive ad boycott.
Mark Zuckerberg loses $7 billion, FB shares drop pic.twitter.com/VKx8TGOUKN — techami (@techami31) June 28, 2020
To crack down on hateful content and voting misinformation, Mark Zuckerberg announced that some of Facebook's policies will change; in a portion of a virtual town hall which on July 3, which was streamed to the public from the CEO's Facebook page. However, the report said that Zuckerberg was blunter in private remarks to employees, claiming that Facebook would not cave to the pressured created by the massive boycott.
"You know, we don't technically set our policies because of any pressure that people apply to us," said Mark Zuckerberg via The Information.
"And, in fact, usually I tend to think that if someone goes out there and threatens you to do something, that actually kind of puts you in a box where in some ways it's even harder to do what they want because now it looks like you're capitulating, and that sets up bad long-term incentives for others to do that [to you] as well," he added.
Also Read: Goodbye Facebook: SAP, Chobani, and Pfizer Also Boycotting Facebook Ads
