{"id":15017,"date":"2020-07-09T15:55:00","date_gmt":"2021-06-22T15:45:15","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?post_type=forex-blog&p=15017"},"modified":"2025-12-17T13:56:11","modified_gmt":"2025-12-17T11:56:11","slug":"ironfx-sees-facebook-60-billion-dollars-in-market-erased","status":"publish","type":"post","link":"https:\/\/www.ironfx-id.com\/ar\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\/","title":{"rendered":"IronFX sees Facebook 60 Billion Dollars in Market Erased"},"content":{"rendered":"

A series of companies have pulled advertising from Facebook, costing Mark Zuckerberg $7.2 billion and pushing Facebook\u2019s shares 8.3% on Friday and 1% on Monday. The two-day stock decline marked the erasure of around $60 billion in market value from Facebook.<\/p>\n

Starbucks, PepsiCo, Coca-Cola, Diageo, Unilever, and Verizon have boycotted advertising on Facebook as they believe the social media giant has failed to stop the publication on its platform of hate speech and disinformation. Coca-Cola Co. said that it would pause all of its paid campaigns on all social media platforms for 30 days. On Wednesday, more than 500 companies joined the advertising boycott and Zuckerberg has agreed to meet with the companies\u2019 representatives and the boycott organisers early next week.<\/p>\n

While IronFX has not joined the boycott, continuing to provide\u00a0\u0623\u0643\u0628\u0631 \u062a\u0623\u062b\u064a\u0631 \u0639\u0644\u0649 \u0633\u0648\u0642 \u0627\u0644\u0641\u0648\u0631\u0643\u0633.<\/a>\u00a0posts on its social media, it does categorically disapprove of the perpetuation of racist speech online.<\/p>\n

Facebook responds to boycott from big brands<\/h3>\n

The Facebook founder said that the company would label all posts regarding voting with a link which directed users to a new voter information hub. However, he also stated that the boycott from these big brands was a PR issue and not a serious threat. For this reason, he explained that \u201cWe\u2019re not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue.\u201d He said that the boycott was a \u201creputational and a partner issue\u201d and that \u201call these advertisers will be back on the platform soon enough.\u201d<\/p>\n

A Facebook spokesperson reported: \u201cWe take these matters very seriously and respect the feedback from our partners. We\u2019re making real progress keeping hate speech off our platform, and we don\u2019t benefit from this kind of content. But as we\u2019ve said, we make policy changes based on principles, not revenue pressures.\u201d<\/p>\n

The question is about who needs whom, as Zuckerberg\u2019s attitude portrays, which means that big brands need Facebook, perhaps more than Facebook needs them. The boycott is unlike anything Facebook has experienced before and is a result of the current political climate as more brands are coming forward to condemn social prejudices, racism and hate speech. After the global condemnation of the killing of George Floyd and the protests in the US, Facebook has come under criticism due to the way it provided a forum for violent militia groups that were planning to attack protesters. Forex trading company IronFX also condemns such prejudices and is against discrimination.<\/p>\n

Will the brands\u2019 boycott hurt Facebook?<\/h3>\n

With around 750 companies pushing Facebook to address hate, abuse and misinformation on its platform, it is hoped that they will change the way advertising and misinformation is spread through Facebook\u2019s online spaces.
\nNick Clegg, Facebook\u2019s vice-president of global affairs and communications, explained that Facebook intended to remove hate speech from its platform, admitting that \u201cmany of our critics are angry about the inflammatory rhetoric President Trump has posted on our platform and others, and want us to be more aggressive in removing his speech.\u201d<\/p>\n

Clegg reiterated that the only way to hold people accountable was through voting for what they believe in and judging them through the ballot box. He pointed that Facebook and its content moderators were working hard to improve its platform.<\/p>\n

Kerri Pollard, senior vice president of the membership platform Patreon said: \u201cUntil he softens that, which would affect that entire business internally and externally, we\u2019re not going to feel comfortable returning to the platform.\u201d<\/p>\n

Eric Schiffer, chairman and chief executive of the Patriarch Organisation and Reputation Management Consultants, said that this will cost Facebook a lot: \u201cGiven Facebook\u2019s colossal scandals and rare repercussions to revenue, the advertisers\u2019 boycott is a body blow that will decimate Facebook\u2019s top line. I expect to see a revenue bleed out of more than $7.5 billion in 2020.\u201d<\/p>\n

However, it is hard to see how this will really hurt Facebook, as brands really need Facebook, and the boycott is only a result of the current financial situation, as many companies are cutting their marketing budgets.
\nWhile IronFX will continue to advertise on Facebook, this does not mean that it adheres to any discrimination. As a trading forex company that respects its customers, IronFX will continue to provide services while treating all customers equally.<\/p>\n

\u0625\u062e\u0644\u0627\u0621 \u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0629:<\/p>\n

\u0644\u0627 \u062a\u064f\u0639\u062f \u0647\u0630\u0647 \u0627\u0644\u0645\u0639\u0644\u0648\u0645\u0627\u062a \u0646\u0635\u064a\u062d\u0629 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629 \u0623\u0648 \u062a\u0648\u0635\u064a\u0629 \u0628\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u060c \u0648\u0625\u0646\u0645\u0627 \u062a\u064f\u0639\u062f \u062a\u0648\u0627\u0635\u0644\u0627\u064b \u062a\u0633\u0648\u064a\u0642\u064a\u064b\u0627. \u0644\u0627 \u062a\u062a\u062d\u0645\u0644 IronFX \u0623\u064a \u0645\u0633\u0624\u0648\u0644\u064a\u0629 \u0639\u0646 \u0623\u064a \u0628\u064a\u0627\u0646\u0627\u062a \u0623\u0648 \u0645\u0639\u0644\u0648\u0645\u0627\u062a \u0645\u0642\u062f\u0645\u0629 \u0645\u0646 \u0623\u0637\u0631\u0627\u0641 \u062b\u0627\u0644\u062b\u0629 \u062a\u0645 \u0627\u0644\u0625\u0634\u0627\u0631\u0629 \u0625\u0644\u064a\u0647\u0627 \u0623\u0648 \u0627\u0644\u0627\u0631\u062a\u0628\u0627\u0637 \u0628\u0647\u0627 \u0641\u064a \u0647\u0630\u0627 \u0627\u0644\u062a\u0648\u0627\u0635\u0644.<\/i><\/p>","protected":false},"excerpt":{"rendered":"

A series of companies have pulled advertising from Facebook, costing Mark Zuckerberg $7.2 billion and pushing Facebook\u2019s shares 8.3% on<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_daim_seo_power":"","_daim_enable_ail":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-15017","post","type-post","status-publish","format-standard","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"\nIronFX sees Facebook 60 Billion Dollars in Market Erased<\/title>\n<meta name=\"description\" content=\"The recent boycott of advertising on Facebook by several major companies has garnered attention, with Zuckerberg facing financial losses\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ironfx.com\/ar\/wp-json\/wp\/v2\/posts\/15017\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IronFX sees Facebook 60 Billion Dollars in Market Erased\" \/>\n<meta property=\"og:description\" content=\"The recent boycott of advertising on Facebook by several major companies has garnered attention, with Zuckerberg facing financial losses\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ironfx-id.com\/ar\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\/\" \/>\n<meta property=\"og:site_name\" content=\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-22T15:45:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T11:56:11+00:00\" \/>\n<meta name=\"author\" content=\"IronFX Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/\"},\"author\":{\"name\":\"IronFX Team\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\"},\"headline\":\"IronFX sees Facebook 60 Billion Dollars in Market Erased\",\"datePublished\":\"2021-06-22T15:45:15+00:00\",\"dateModified\":\"2025-12-17T11:56:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/\"},\"wordCount\":763,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"ar\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/\",\"url\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/\",\"name\":\"IronFX sees Facebook 60 Billion Dollars in Market Erased\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/#website\"},\"datePublished\":\"2021-06-22T15:45:15+00:00\",\"dateModified\":\"2025-12-17T11:56:11+00:00\",\"description\":\"The recent boycott of advertising on Facebook by several major companies has garnered attention, with Zuckerberg facing financial losses\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/#breadcrumb\"},\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/ironfx-sees-facebook-60-billion-dollars-in-market-erased\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IronFX sees Facebook 60 Billion Dollars in Market Erased\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/#website\",\"url\":\"https:\\\/\\\/www.ironfx-id.com\\\/ar\\\/\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"description\":\""Our Introducing Brokers program offers competitive conditions tailored to our partners' needs. 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