Facebook CEO Mark Zuckerberg To Meet With Civil Rights Groups Over Ad Boycott.
BOLDUAN: Let's take a quick look at "MARKETS NOW." Show you the big board for you. The Dow just about flat at this moment. We'll keep a close eye on that. A reminder, you can always get the very latest info on "MARKETS NOW." That streams live at 12:45 Eastern only on CNN Business. Also in business, CNN learned Facebook's CEO Mark Zuckerberg will meet with civil rights groups amid a growing advertising boycott from big- named companies across the board protesting how the social media giant handles hate speech and misinformation. CNN's Brian Fung is on this. He's been tracking this for us. He joins me now. Brian, how is Facebook responding?</s>BRIAN FUNG, CNN TECH REPORTER: Facebook, Kate, is saying it doesn't profit from hate. In a blog post by the top Facebook executive saying that the company may never completely eliminate hate from its platform but it is constantly improving. That echoes remarks that Nick Clegg gave to CNN earlier over the weekend. Let's have a listen.</s>NICK CLEGG, VICE PRESIDENT OF GLOBAL AFFAIRS & COMMUNICATIONS, FACEBOOK: Facebook, we have absolutely no incentive to tolerate hate speech. We don't like it. Our users don't like it. Advertising understand that we don't like it. You know, we don't benefit from hate speech. Of course, not. We benefit from positive, human connection. Not -- not hate.</s>FUNG: Now, Kate, obviously, that hasn't stopped a number of major brands from pulling their advertising from Facebook. That includes companies like Verizon, Unilever, Ford, Adidas, Hershey's and more. At this point, hundreds of companies have now pulled their advertising from Facebook and Instagram for at least the month of July, and possibly longer. And you know, this could last potentially well into next year if Facebook does not take actions that, know, address the concerns of some of these protests. Obviously, if you look at the top 100 brands that advertise on Facebook, only -- they all represent about 6 percent of Facebook's revenue, according to Pathmatics, which is a market intelligence firm.