Coca Cola suspends social media ads for 30 days

Coca-Cola has announced that it would suspend ads on social media for at least 30 days, as platforms face a backlash over how they deal with racist content. "There is no place for racism in the world and there is no place for racism on social media," James Quincey, chairman and CEO of The Coca-Cola Company, said in a brief statement. He said social media companies, which other major brands have boycotted to force changes in how they deal with hateful material, need to provide "greater accountability and transparency."