Here's a list of companies that are planning to halt spending on social media. Some have joined a boycott of Facebook after critics accused the social network of inadequately policing hateful and misleading content on its platform. To view the next image, click on the arrows or just swipe.
Shares of the social media company fell 8.3 per cent on Friday, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the social network.
Unilever has an annual advertising budget of almost $8 billion (Dh29.38bn).
Companies from Verizon Communications to Hershey have also stopped social media ads after critics said that Facebook has failed to sufficiently police hate speech and disinformation on the platform. Coca-Cola said it would pause all paid advertising on all social media platforms for at least 30 days.
The stance has eliminated $56bn from the company’s market value and pushed Mark Zuckerberg’s net worth down to $82.3bn, according to the Bloomberg Billionaires Index.
Facebook boycotters at a glance
Adidas
Chipotle Mexican Grill
Clorox
Coca-Cola
Conagra Brands
Diageo
Diamond Foundry
Eileen Fisher
Ford Motor Company
Hershey
Honda Motor Company
Levi Strauss
Madewell
Microsoft
Patagonia
PepsiCo
Pfizer
Puma
REI
SAP
Starbucks
The North Face
Unilever
Upwork
Verizon Communications
Viber Media
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'THE WORST THING YOU CAN EAT'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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