Happy Friday! Welcome back to #TheDailyThree, a weekday recap featuring three top stories in digital + a few thoughts. Closing the week out with three stories on, what else, Facebook.
1. Elon Musk has inexplicably deleted the Facebook pages for SpaceX + Tesla, abandoning a combined 5.2M users. He tweeted that he wasn't even aware that there was Facebook pages for them, which honestly is hardly believable & I'm not sure what this accomplishes.
2. A few advertisers decided to pull Facebook ads w/ Mozilla leading the pack + Sonos following suit (just for a week, according to them.) Again, not sure what this accomplishes other than being a PR stunt. The less advertisers the better for brands sticking w/ it.
3. Facebook's been hit w multiple shareholder lawsuits citing "violations of federal securities laws, unfair competition + negligence." I truly believe that they'll weather the storm but also that there'll be significant company-wide changes in the next 6 months.