Welcome to the Tech Mem Ride Home for Wednesday, July 1st, 2020. I'm Brian McCullough.

Today, the reckoning for social media ad spend might be hitting critical mass.

Spotify gets more affordable for couples

while YouTube TV gets more expensive for everyone. Apple is apparently

struggling with iPhone 5G production delays but that shouldn't delay things

into 2021 and when will Silicon

Valley offices reopen? Not anytime soon it seems like here's what you miss today in

the world of tech. This is one of those stories where I waited all day to see if it would

officially happen but at the time of this recording it hasn't happened yet

so I'm just going to go with what I know right now.

Apparently, over 400 advertisers are due to suspend their Facebook ad buys starting today

and will boycott Facebook lasting the entire month of July.

Apparently Facebook knew that this was coming and was in talks to attempt to appease the

advertisers but the talks apparently broke down.

Quoiting Reuters.

Facebook executives including Carolyn Everson,

Vice President of Global Business Solutions,

and Neil Potts, Public Policy Director,

held at least two meetings with advertisers on Tuesday

the eve of the planned one month boycott three sources who participated in the calls

told Reuters but the executives offered no new details on how they would tackle hate speech, the sources said.

Instead, they pointed back to recent press releases, frustrating advertisers on the calls who believe those plans do not go far enough.

...