Why all giants trend's the BycottFacebookAds--Mark Zuckerberg Lost $7.2 billion

Hello Everybody Welcome Back

Did you know which is the biggest Social Networking Company...

Yeah... What you say is Right Its Facebook, Instagram, and WhatsApp. Twitter is also a big Giant but Here we talk about Facebook alone.

Facebook's owner Mark Zuckerburg is one of the world's youngest richest men. But, Yesterday the biggest giants of all domains like Coca-Cola, Unilever, Honda, and so on had made the strongest decision against Facebook that is That they won't run Facebook ads hereafter. This became the biggest problem for Facebook now. By Facebook's owner, Mark lost 7-Billion dollars when the other companies announced the decision to the public.

Facebook's Share continuously going down during these weeks when Unilever one of the Biggest Advertiser of Facebook joining the BycottFacebookAds platform.

First Why all giants trend's the BycottFacebookAds 

Facebook plays with our data, Facebook ads are targeting the people who exactly need the products.

Do you know how is this possible, You grant the permissions for Facebook, Not only Facebook most the companies are like this.

recently,  

Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network.

Shares of the social media company fell 8.3 per cent on Friday, the foremost in three months, after Unilever, one altogether the world’s largest advertisers, joined other brands in boycotting ads on the social network. Unilever said it would stop hard cash with Facebook’s properties this year.

The share-price drop eliminated $56 billion from Facebook’s value and pushed Zuckerberg’s net worth right all the way down to $82.3 billion, per the Bloomberg Billionaires Index. That also moved the Facebook chief man down one notch to fourth place, overtaken by Louis Vuitton boss Bernard Arnault, who was elevated to a minimum of one amongst the world’s three richest people along with Jeff Bezos and Gates.

Companies from Verizon Communications Inc. to Hershey Co. have also stopped social media ads after critics said that Facebook has didn't sufficiently police hate speech and disinformation on the platform. Coca-Cola Co. said it would pause all paid advertising on all social media platforms for a minimum of 30 days.

Zuckerberg responded Friday to the growing criticism about misinformation on the placement, announcing the company would label all voting-related posts with a link encouraging users to look at its new voter information hub. Facebook also expanded its definition of prohibited hate speech, adding a clause saying no adverts are allowed if they label another demographic as dangerous.

“There aren't any exceptions for politicians in any of the policies I’m announcing here today,” Zuckerberg said.