Lows

...and who's down

Snacks / Saturday, June 27, 2020

Zuck gets ad-Zucked... Facebook stock dropped 11% for the week on a boycott of Facebook's ad platform (including Instagram) to protest FB's policies on misinformation and hate speech. What started with just early boycott birds Ben & Jerry's and Patagonia snowballed to the mainstream β€” Verizon, Coca-Cola,, Unilever, and Honda gave Zuck their corporate thumbs down. On Friday CEO Mark Zuckerberg responded to the criticism with a pledge to flag speech from politicians that broke its policies, even if those posts are "newsworthy".

When you order pizza for 100... and everyone goes to the other party. Ford just announced a redesign of its prize profit puppy, the F-150, the first new F-Series in six years. Ford unveiled the shiny pickup and flexed the hands-free driving mode. But Lordstown Motors threw its own pickup-unveiling party on the same day, and got America's VP to attend. The EV startup got more buzz than the Detroit icon β€” and Ford stock dropped after its outshined unveiling.

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