Facebook, owned by Meta has become one of the latest global companies to pile economic pressure on Russia over its invasion of Ukraine.
The parent company of both Facebook, Instagram, WhatsApp and Messenger said it will stop Russia-owned state media from monetising content on its platforms as a way to pressure Kremlin to pull back from Ukraine.
The beginning of pressure on Russia.
The company announced the ban via a tweet by its Head of Security Nathaniel Gleicher.
The tweet said Meta is now prohibiting Russian state media from running ads or monetising “our platform anywhere in the world.” The company said it will continue put labels on additional Russian state media.
The social giant had earlier restricted access to the official Facebook accounts of Russian media outlets: the Zvezda TV channel, the RIA Internet sites and they demand that Meta removes the labels and restrictions.
Russia fights back.
Nick Clegg, Meta’s Vice President of Global Affairs stated that Russian government ordered the company to stop the independent fact-checking and labelling of contents posted on Facebook by four Russian state-owned media firms.
Clegg said the angry Russian government said that they will be restricting the use of Meta’s services in retaliation for censoring their contents.