Categories: Stocks News

Facebook and Twitter fall on Wall Street after the withdrawal of advertising from Unilever

Related news

Facebook and Twitter fall with the force on Wall Street. Its shares lose more than 7% after the british manufacturer of consumer products Unilever has announced that it paralyses its entire activity as an advertiser in the social networks of both companies. In the first case, the withdrawal also includes Instagram.

“Due to the current polarization, there must be a lot more compliance [de las normas] in the area of discourses of leisure”, said the vice-president of global media of the company, Luis Di como, in an interview with the newspaper of the american financial ‘The Wall Street Journal‘.

“Follow, heralding in these platforms at this time would not add value to the people or the society“he underlined the company, which has paralyzed its activity as an advertiser to, at least, in the coming year in the social networks of these companies.

The step back from Unilever is in addition to the who had already announced other companies in the past few days, as Verizon, VF Corporation (the owner of the Vans and North Face), Ben & Jerry’s or the distributor film Magnolia Pictures.

Ryan Helton

A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

Recent Posts

AIJobsUAE Launches at Dubai AI Festival to Help Businesses Find Specialist AI Talent

The UAE’s specialist AI talent platform combines curated listings, employer advisory and talent sourcing to…

10 hours ago

ZWAG AI Unveils the Center of Excellence for Linguistic Sovereignty at the Dubai AI Festival

DUBAI, UAE, October 26, 2026, ZEX PR WIRE — ZWAG AI today officially announced the…

10 hours ago

Cardtonic Goes Global with USD Settlement, Unlocking Dollar Wallets for Users Worldwide

The African-built fintech expands access to global gift card trading and dollar-based financial services with…

3 days ago

U-topia Launches Public Beta as Global Builders Gather for U-Hackathon

Financial technology company opens its app in more than 50 countries during FLOW Summit as…

1 week ago

From Karmayogi to the World Stage: Dr. Hemant Garg Wins “Excellence in AI for Public Policy”, Charts India’s Path to the AI Big League

Civil servant, researcher and AI pioneer tells the 3rd World AI Summit, Bengaluru, that people-first,…

1 week ago

CentFX Honored with the Most Trusted Liquidity Provider Award at Forex Expo Dubai 2026

Recognition closes two days of live trading sessions and partner meetings at Booth 081, Dubai…

2 weeks ago