Facebook permanently suspended the ads account of Heroes of Liberty, a conservative children’s book publisher, claiming the company’s ads violated the tech giant’s policies against “Low Quality or Disruptive Content.”
“We began investing in Facebook four months before we launched our first book,” Bethany Mandel, Heroes of Liberty editor and board member, told Fox Business. “We invested most of our marketing budget on the platform, and now our budget (the money we’ve already spent), as well as our assets and data are gone. Marketing-wise we are back in square one, financially it’s even more challenging.”
Facebook initially banned Heroes of Liberty’s Facebook Ads account on Dec. 23, according to Mandel, claiming the account “didn’t comply with our policy on Low Quality or Disruptive Content.”
Liberal tech billionaire Reid Hoffman, a funder of numerous disinformation projects, is backing a new media venture launched Tuesday that seeks to combat disinformation, according to a report.
Hoffman, the founder of LinkedIn, joined ranks with financier George Soros to fund Good Information Inc., which will “fund and scale businesses that cut through eco chambers with fact-based information,” Axios reported.
Former Vice President Joe Biden’s campaign poured more than $1 million into Facebook ads in one day skewering President Donald Trump for fanning the flames of hatred amid protests over police brutality, an archive of ad spending showed.
The presumptive Democratic nominee spent roughly the same amount of money in less than a week on Facebook as he did throughout the past year of his campaign, The New York Times reported Monday.