Microsoft Reportedly Cuts Facebook/Instagram Advertising
Microsoft (NASDAQ: MSFT) is part of a rapidly growing list of big companies pulling their advertising from Facebook (NASDAQ: FB) and its photo-sharing site Instagram, various reports in the media have revealed.
Axios broke the story Monday, citing an internal Microsoft chat transcript it had obtained access to. It quoted the tech giant's chief marketing officer, Chris Capossela, as writing that "[b]ased on concerns we had back in May we suspended all media spending on Facebook/Instagram in the US and we've subsequently suspended all spending on Facebook/Instagram worldwide."
The exact nature of Microsoft's concerns was not specified, although in the transcript, it cited examples of what it considers "inappropriate" material: "hate speech, pornography, terrorist content, etc."
Source Fool.com
