Tuesday, April 23, 2024

Facebook freezes some of its political spending

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Facebook plans to suspend contributions to Political Action Committees (PACs) until the first quarter of 2021 following the U.S. Capitol riot last week. The company said Axios, who was the first to report on the evolution, it will also conduct a review of its political spending practices.

“Following the terrible violence last week in Washington, we are suspending all our PAC contributions for at least the current quarter, while we revise our policies,” a company spokesperson told Engadget.


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