Report: Disney cuts back on Facebook, Instagram ads

MENLO PARK, California (AP) - The Walt Disney Co. has "dramatically" slashed its advertising budget on Facebook and Facebook-owned Instagram, according to a report in the Wall Street Journal.It's the latest setback for the social network, which is facing a growing advertising boycott over its policies and actions on hate speech on its platforms. The Journal, citing unnamed sources familiar with the matter, said the time frame for Disney's pullback was not clear.Disney was Facebook's biggest U.S.