Illustration: Aïda Amer/Axios

Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg, facing an ad boycott by more than 500 brands, will hold virtual meetings on Tuesday with civil rights groups who have been key organizers of the #StopHateforProfit campaign.

The state of play: Sandberg will say in a post later that she, Zuckerberg and other execs "are meeting with the organizers of the Stop Hate for Profit campaign followed by a meeting with other civil rights leaders ... including Vanita Gupta from the Leadership Conference on Civil & Human Rights [and] Sherrilyn Ifill from the NAACP Legal Defense Fund."

What's next: Facebook on Wednesday will release an independent civil rights audit, "a two-year review of our policies and practices."

  • Sandberg writes: "We are never going to be perfect, but we care about this deeply."

Boycott organizers' demands, per sources: 1. Stop hate speech. ... 2. Stop misinformation. ... 3. Stop harassment on Facebook of Black and minority communities.

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Sep 17, 2020 - Technology

Facebook launches Business Suite to link messaging apps

Photo: Jaap Arriens/NurPhoto via Getty Images

Facebook on Thursday launched a new app named Facebook Business Suite that lets small businesses manage their pages and profiles across Facebook, Instagram and Facebook Messenger from a single interface.

Why it matters: The app is the first product Facebook has launched that combines the backend infrastructure for three of its messaging apps. The company has teased this move for over a year.

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Facebook updates Quest VR headset, will test sensors for AR glasses

Photo: Facebook

Facebook on Wednesday introduced a new version of its Oculus Quest and took the next step in a longer-term push toward augmented reality glasses.

Why it matters: Facebook has made big bets on virtual reality and augmented reality as key to its future and it is moving forward despite concerns from regulators and privacy advocates.

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Wall Street fears stimulus is doomed

Illustration: Sarah Grillo/Axios

The fight over a new Supreme Court justice will take Washington's partisan bickering to a new level and undermine any chance for needed coronavirus relief measures before November's election, Wall Street analysts say.

What we're hearing: "With the passing of Justice Ginsburg, the level of rhetorical heat has increased, if that seemed even possible," Greg Staples, head of fixed income for the Americas at DWS Group, tells Axios in an email.

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