Socio-economic marketing and brand risk - selected news updates.

Facebook stock dumped by actor Jim Carrey amid demands the social media network do more to stop the spread of “fake news.”

“I’m dumping my @facebook stock and deleting my page because @facebook profited from Russian interference in our elections and they're still not doing enough to stop it. I encourage all other investors who care about our future to do the same. #unfriendfacebook," wrote Carrey…

Jim Carey: Dump Facebook Stock.  Innvestopedia February 8 2018.

Brand Risk in Education: Cornell frat put on probation in latest example of Greek organizations behaving badly.  

Ryan Lombardi, Cornell’s vice president for student and campus life, called the game “abhorrent,” according to the Daily Sun, Cornell’s student newspaper.  “Behavior that degrades and dehumanizes women contributes to a climate and culture of tolerance for sexual violence,” he said.”

Cornell Frat's "Pig Roast" Contest.  The Washington Post February 7 2018

 Lady Doritos?  Pepsico suffers through another self-inflicted brand faux pas.

“This media hysteria began, as it often does, with an apparently off-the-cuff quote, in this case from an interview with Indra Nooyi, chief executive of PepsiCo, on a Jan. 31 episode of the “Freakonomics Radio” podcast.  Ms. Nooyi told the interviewer that women did not eat Doritos the same way men did.…”

Lady Doritos Introduced by Pepsico CEO Nooyi.  The New York Times February 6 2018

Tide Pods Enters the Regulatory Crosshairs.  The meme has catalyzed into a brand risk situation with potentially serious consequences…

“Reported poisonings connected to the viral “Tide pod challenge” have been rising — there have been 86 cases in the first three weeks of 2018, up from 53 cases in all of 2017…Lawmakers and consumer groups…urge manufacturers to step up protective measures for detergent pods.”

Lawmakers take on Tide pods with call for regulation.  Politico February 6 2018