Category: social media
Snap’s coronavirus bump was short lived
Snapchat continues to grow even as the coronavirus pandemic batters the ad industry. The company reported its second-quarter results Tuesday, marking the first full quarter since the coronavirus pandemic kicked into high gear and upended advertising… Source
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FTC investigation of Facebook may not finish before 2021
Don’t expect the FTC to wrap up an antitrust investigation of Facebook before 2020 is over. New York Times sources say it’s now “virtually impossible” for the FTC to finish an investigation of Facebook before 2021. There’s still progress, according t… Source
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Disney said to have ‘dramatically’ cut ad spending on Facebook amid boycott
Disney might be the largest company yet to join a growing ad boycott against Facebook. Wall Street Journal sources say the media and theme park giant has “dramatically” reduced its ad spending on Facebook. It’s not clear just how deep the cut is or h… Source
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Twitter hack reportedly originated with posts on a gray market forum
The worst hack in Twitter’s history may have started on a forum known for trafficking in black market social media accounts. In the days before the hack, a user on message board OGUsers offered to “provide direct access to accounts for between $2,000… Source
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LinkedIn faces lawsuit over claims it ‘secretly’ read iPhone clipboard data
The clipboard detection in iOS 14 isn’t just prompting developers to rethink app privacy — it’s also putting these companies in legal trouble. Reuters reports that iPhone user Adam Bauer has sued LinkedIn over claims the job-focused social network “s… Source
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Facebook may pause political ads prior to the 2020 election
Facebook could make a major change to its advertising policies in an effort to fight election-related misinformation. The social network is considering a ban on political advertising in the U.S. in the days before the 2020 election, Bloomberg reports… Source
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