Pepsi Joining Facebook Ad Boycott Followed by Unilever and Other Companies

Sources described the move as a 'global boycott' on placing Facebook ads

PepsiCo Inc will stop advertising on Facebook Inc , FOX Business Network reported.

The halt on advertising will run through July and August, the report said. Sources described the move as a "global boycott" on placing Facebook ads, the report said.

PepsiCo did not immediately respond to a request for comment from Reuters.

The food and beverage company joins a growing number of companies pulling ad dollars from Facebook, including ice-cream maker Ben & Jerry's and Unilever PLC.

(Except for the headline, this story has not been edited by Scrabbl staff and is published from a syndicated feed.)