Facebook

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Citi downgraded Facebook and Google-parent Alphabet to neutral from buy, warning about the consequences of slowing advertising growth. ...
A bipartisan group of more than three dozen state attorneys general is urging Facebook to halt its plans to launch a version of Instagram for children under the age of 13, citing concerns about the safety and well-being of children and the “harm” social media poses to young people. ...
44 State Attorneys General are joining together to urge Facebook to abandon plans for an Instagram for kids. They expressed concerns about children’s physical and mental health safety online and uncertainty about Facebook’s ability to “protect the safety and privacy of children on its platform.” Virginia Attorney General Mark Herring and Ohio Attorney General Dave Yost weigh in on the backlash Facebook is receiving.  ...
Starbucks is said to be considering leaving Facebook over the “hate speech-related comments” the company receives on its posts. ...

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