Several Canadian companies, including Vancouver-based Lululemon Athletica Inc. and Mountain Equipment Co-op, are joining a chorus of businesses calling on Facebook to do more to combat hate speech on its platform.
Edelman CEO Richard Edelman provides insight into the Facebook ad boycott. Facebook has been under significant pressure after hundreds of companies suspended their adverts on the platform. Among demands, slap labels on misinformation posted by politicians related to political and voting matters #facebook #advertisers #USTECHBOYCOTT CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC.com's Megan Graham explains the latest developments as more and more big corporations pull advertising spending from Facebook as the platform struggles to contain rampant hate speech and misinformation. Plus — CNBC's Ylan Mui dives deep into the police budgets in America's biggest cities.