Thursday, June 25

Facebook executive admits to “trust deficit” on call with advertisers

The Facebook app displayed on the screen of an iPhone.

Enlarge / The Facebook app displayed on the screen of an iPhone. (credit: Fabian Sommer | picture alliance | Getty Images)

A leading Facebook executive has told advertisers the company is suffering from a “trust deficit” as it tries to stop brands joining a boycott over its policies on political content moderation.

The world’s largest social media group joined a conference call with almost 200 advertisers on Tuesday, according to people familiar with the discussion. Senior policy executives then defended Facebook’s decision to allow several controversial posts from US president Donald Trump to remain on its platform.

According to leaked audio of the call obtained by the Financial Times, Neil Potts, Facebook’s head of trust and safety policy, acknowledged that the company suffered from a “trust deficit” but added that it was “here to listen” to its clients’ concerns. The call was convened by the Interactive Advertising Bureau trade body in Canada.

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