SpaceX, Tesla Distancing Themselves from Facebook

Companies such as Tesla and Mozilla have recently announced the suspension of their support for Facebook due the the privacy scandal that had recently struck the social network.

German bank Commerzbank and consumer electronics company Sonos announced this week that they will be suspending their ads on the social network, following a similar move by Mozilla.    

Elon Musk, meanwhile, tweeted that he will be taking down the Facebook pages of Tesla and SpaceX.

Facebook’s stock had already taken a 14% hit this week, and the negative sentiment coming from the tech industry with regards to the Cambridge Analytica fiasco is showing no sign of abatement.

Source: Hindustani Times

Post a Comment