Hedge Funds Fret Over Facebook Attack

Investors fear that the advertising boycott will gain more traction.

Gabby Jones/Bloomberg

Gabby Jones/Bloomberg

A rapidly growing roster of major advertisers is pulling business from Facebook and in some cases other internet giants to protest the social media pioneer’s hate speech policy.

The latest companies to cancel advertising include consumer packaging giant Unilever and coffee retailer Starbucks, which stopped all social media advertising.

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