WSJ: YouTube ad issue persists, PepsiCo, Wal-Mart Stores, General Motors, Starbucks and others suspend ads
- PepsiCo (NASDAQ:PEP), Wal-Mart Stores (WMT) and Dish Network (DISH), halting all but non-search Google ads, General Motors (GM) and Starbucks (SBUX), removing ads from YouTube, and FX Networks (FOX, FOXA), terminating all advertising on Google, are the latest in a growing list of entities to pull or limit ads in some capacity on Google over concerns some are being run alongside objectionable content, an issue The Wall Street Journal reports as still continuing.
- Alphabet class A shares (GOOGL) -0.80%, class C (GOOG) -0.61%, respectively lower by 4.4% and 4.6% since Monday.