- Facebook rebranded Meta Platforms Inc (NASDAQ:FB) advertisers promoted false and misleading claims about climate change on the platform in recent weeks, just as the COP26 conference was getting underway, Reuters reports.
- The conservative media network Newsmax ran an ad on Facebook that called the man-made global warming a "hoax." The ad, which had multiple versions, garnered over 200,000 views.
- In another, conservative commentator Candace Owens said, "apparently we're just supposed to trust our new authoritarian government" on climate science, while a U.S. libertarian think-tank ran an ad on how "modern doomsayers" had been wrongly predicting climate crises for decades.
- Facebook faced immense flak as a whistleblower testified to the Senate how Facebook puts "profits before people."
- Related Content: Facebook Whistleblower Asks Mark Zuckerberg To Resign; Chides The Rebranding
- Price Action: FB shares traded higher by 0.59% at $338.78 on the last check Thursday.
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