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Illustration: Sarah Grillo/Axios

Verizon announced on Thursday it will pull advertisements from Facebook and Instagram, per the company's chief media officer.

Why it matters: Verizon is one of the largest companies to join a growing boycott of the social network over its content moderation policies, including how it polices misinformation about Black Lives Matter protests, and handles content posted by President Trump..

What they're saying: “We have strict content policies in place and have zero tolerance when they are breached, we take action,” Verizon’s chief media officer John Nitti told Axios in a statement. “We’re pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with what we’ve done with YouTube and other partners.”

  • “We respect any brand’s decision, and remain focused on the important work of removing hate speech and providing critical voting information," Facebook's VP of Global Marketing Solutions Carolyn Everson said in a statement to Axios. "Our conversations with marketers and civil rights organizations are about how, together, we can be a force for good."

Catch up quick: Six civil rights groups, including the Anti-Defamation League and NAACP, began urging marketers last week to stop buying Facebook ads, using the hashtag #stophateforprofit.

Our thought bubble, via Axios' Ina Fried: While best known for providing cell and wired internet service, Verizon owns AOL and Yahoo and aims to compete with Facebook for digital ad dollars.

Go deeper: Facebook takes down Trump campaign ads with symbol once used by Nazis

Go deeper

Ina Fried, author of Login
Oct 2, 2020 - Technology

Get ready for a flood of deepfakes, experts warn

Illustration: Sarah Grillo/Axios

If social media platforms don't start dealing much more aggressively with altered audio and video, they risk seeing their platforms devolve into a sea of faked content, experts tell Axios.

Why it matters: The platforms are already struggling to deal with manipulated media, and the technology to create "deepfakes," which are fabricated media generated by machine-learning-based software, is improving rapidly.

Scoop: Stephanie Ruhle to replace Brian Williams on MSNBC

Photo: Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images

MSNBC will soon announce plans to move morning anchor Stephanie Ruhle to the 11 pm ET hour that Brian Williams turned into an elite destination, two sources familiar with the move tell Axios.

Details: The 9 am ET hour, currently hosted by Ruhle, will become part of MSNBC's flagship morning show, "Morning Joe," which currently runs from 6 am to 9 am ET.

Oath Keepers leader denied bail on Capitol riot sedition charge

Oath Keepers co-founder Elmer Stewart Rhodes. Photo: Susan Walsh/AP

A federal judge ordered Oath Keepers leader Stewart Rhodes to remain jailed Wednesday until trial on charges stemming from the Capitol riot.

Why it matters: The judge said the most prominent far-right figure charged in the Jan. 6, 2021, insurrection had access to weapons and his alleged "continued advocacy for violence against the federal government" gave credence to prosecutors' view that, if released, Rhodes could endanger others.