Sunday, Oct 25, 2020
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Instagram agrees curbs on paid influencers, says UK watchdog
Facebook's Instagram has agreed measures to crack down on hidden advertising by so-called influencers on its photo and video platform, Britain's Competition and Markets Authority (CMA) said on Friday.
Influencers with thousands of followers can earn large fees from companies to promotes a product on Instagram.
In what the CMA described as an important behaviour shift by a major social media platform, Facebook Ireland, which operates Instagram in Britain, has committed to a package of changes.
“This will make it much harder for people to post an advert on Instagram without labelling it as such,” the CMA said in a statement.
Facebook said the company was pleased to be working with the CMA on its continued efforts to increase transparency on when people are paid to post content on Instagram.
“We are also proud to be launching a programme with MediaSmart to help educate young people about branded content and how to identify it,” Facebook added.
The CMA said it has been investigating concerns that too many influencers are posting content about businesses without making it clear they have been paid or received other incentives to do so.
Influencers will have to confirm and disclose if they have received any incentives to promote a product or service.
Instagram will also use technology to spot when users might not have disclosed clearly that a post is an advertisement, the CMA said.
Last year 16 celebrities pledged to clean up their act on social media after CMA action, the watchdog added.
Jack Ma urges financial regulation reform on eve of Ant Group IPO
Jack Ma urges financial regulation reform on eve of Ant Group’s ‘biggest IPO in history’
Black Lives Matter: Co-founder Alicia Garza on the future of the movement
BlackLivesMatter co-founder Alicia Garza talks to #Newsnight about the movement’s future, social justice and her debut book, The Purpose of Power.
UK: Dad protests in PANTS at Tesco over Wales 'non-essential' items rule
Chris Noden, 38, was stopped by security staff as he tried to push his trolley into the Tesco store in Newport, south Wales wearing just his boxers and a face mask.
Covid-19, Britain’s strategy
Samsung chairman Lee Kun-hee dies after long illness
Lee Kun-hee, the chairman of South Korean electronics giant Samsung, died Sunday at the age of 78, the company said. He had been comatose since suffering a heart attack in 2014.
Gap exiting malls, to shutter 350 stores by 2024
Closings include 130 Banana Republic sites in North America
Trump Hasn’t Met With Virus Task Force in Months, Fauci Says
It’s been “several months” since President Donald Trump met with the White House coronavirus task force, said Anthony Fauci, the top U.S. infectious disease expert, who’s faced ...
This Scary Statistic Predicts Growing US Political Violence
Two researchers claim that a single number they call the “political stress indicator” can warn when societies are at risk of erupting into violence. It’s spiking in the US, just...
With 10 days to go, time and history are not on Donald Trump's side
Covid has tanked the gains he made in the economy and any new stimulus could be too late
Snapchat cofounders net $2.2B in one week as coronavirus boosts usage
SNAP now boasts 249 million daily active users.
A Leaked Internal Report Reveals The Wall Street Journal Is Struggling With Aging Readers And Covering Race
The report, obtained by BuzzFeed News, was dated the same month that ongoing tensions between news and opinion sections at Rupert Murdoch’s broadsheet spilled into the public.
Judge again blocks Trump administration push to ban WeChat in the US
The government has not presented enough evidence that WeChat is a security risk, the judge ruled.
And the winner of the presidential election is … Ohio bakery that called the last 9 races says it has the 2020 victor
Ohio and its hefty Electoral College votes matter a lot to the two presidential contenders as they swing it out in regular visits to the Buckeye States and others across the Mid...
Belgian Foreign Minister Sophie Wilmes in intensive care with COVID-19
Belgian Foreign Minister Sophie Wilmes tested positive for coronavirus after attending an EU summit with her counterparts last week. She led a caretaker government before steppi...
Career Fair Held for Former Fairmont Southampton Staff
Recently, the Junior Minister of Labour, Senator Arianna Hodgson gave opening remarks in support of the employers and job-seekers at the Fairmont Southampton Career Fair.
Fairmont Southampton Staff Assemble Outside Hotel
The Ministry of Labour can advise that it was recently made aware of a group of Fairmont Southampton hotel workers due to receive their redundancy payments today, October 23, 20...
The Biden ‘Family Legacy’
Joe Biden has a problem, and his name is Hunter. Because the former vice president hasn’t had to answer any questions on this topic—and continued to refuse to do so in Thursday’...
The first 'murder hornets' nest was found, already set to be obliterated
The nest, discovered by scientists in Washington state this week, is set to be wiped out Saturday.
For the first time ever, Time magazine removes logo on cover, replaces it with a plea to 'Vote'
Edward Felsenthal, Time’s editor-in-chief, says the upcoming elections are “ as consequential a decision as any of us has ever made at the ballot.”
Why Trump Will Win
Donald Trump will win in November because the same forces that propelled him to victory in 2016 are even stronger today in 2020.
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