Business/Economics

Financial Martial Law: Social Media giants can keep your ad revenues for themselves!

27 February 2022  (05:07-UTC-07 Tango 06) 08 Esfand 1400/25 Rajab 1443/27 Ren-Yin 4720

Meta (Facebook, Instagram), YouTube and Google are keeping the ad revenues generated by certain Russian channels!

Specifically, Google is halting Russian media that is considered state funded from placing ads with Google services.  YouTube is keeping the ad revenue generated by certain Russian channels.  Apparently, Meta has outright banned the monetization of at least four Russian news outlets (a Twitter post by Meta claims it is their way of keeping Ukrainians “safe”).

Russia has apparently retaliated against Meta by banning certain aspects of Facebook.

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Written by: Hutchins AAron on February 27, 2022.