Social Media

Social media are interactive computer-mediated technologies that facilitate the creation and sharing of information, ideas, career interests and other forms of expression via virtual communities and networks.

UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
February 03, 2023  |  Security & Fraud

The U.K.’s financial regulator sent out over 1,800 alerts last year to protect consumers from financial scams. In a Friday (Feb. 3) press release, the...

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Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
February 01, 2023  |  Meta

With Meta’s battered stock doubling in the past 3 months, it’s not all about the money-losing metaverse anymore. This, as shares of Meta Platforms jumped...

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Snap Pins Hopes on Subscriptions to Boost Creator Engagement
Snap Pins Hopes on Subscriptions to Boost Creator Engagement
January 31, 2023  |  Earnings

Facing a downshift in digital ad spend that’s hurt other players in the space, Snap Inc. is looking to beef up its direct response business...

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Lawyers in FTX Case Spar Over Bankman-Fried’s Communications
Lawyers in FTX Case Spar Over Bankman-Fried’s Communications
January 30, 2023  |  Cryptocurrency

Federal prosecutors have reportedly asked a court to limit Sam Bankman-Fried’s communications. Bloomberg reported Monday (Jan. 30) that the prosecutors want the conditions of the...

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Twitter Turns to Payments as Ad Revenues Sink
Twitter Turns to Payments as Ad Revenues Sink
January 30, 2023  |  Platform Payments

Twitter is moving closer to its plan to process payments across the platform in a move to monetize the popular social media service. Purchased by...

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TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
January 17, 2023  |  Regulation

A five million euro fine for privacy violations welcomes TikTok to an expensive club. It’s not the first time the Chinese company has been fined...

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Twitter Considering Auctions of Usernames
Twitter Considering Auctions of Usernames
January 11, 2023  |  Social Commerce

Twitter users reportedly may soon be able to bid on and buy usernames. The New York Times reported Wednesday (Jan. 11) that the social media...

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Consumer Education Reaps Loyalty Benefits for Financial Institutions
Consumer Education Reaps Loyalty Benefits for Financial Institutions
January 09, 2023  |  Financial Inclusion

Financial institutions have an opportunity to provide customers with the financial literacy tools they want. January is Financial Wellness Month, and as inflation continues to...

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Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
January 05, 2023  |  Meta

Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Specifically, all eyes are on the Kenyan High Court, where...

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