Advertising Exodus Threatens Facebook’s Revenue Growth

A growing list of advertisers on Facebook Inc. plans to suspend spending on social media, undermining the company’s sales prospects and putting further pressure on its stock price. Starbucks Corp., Levi Strauss & Co., PepsiCo Inc. and Diageo Plc are some of the companies that have recently announced a cut in advertising spending, part of an exodus aimed at putting pressure on Facebook and other companies in the sector to remove comments that glorify violence, divide and misinform the public, …

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