Meta’s Mark Zuckerberg plans to go to South Korea and plan necessary conferences in the course of the journey, in keeping with a press release from Meta on Wednesday, which didn’t present additional particulars. Zuckerberg will reportedly meet with Samsung Electronics Chairman Jay Y. Lee later this month to debate AI chip provide and different generative AI points, South Korean newspaper Seoul Financial Each day reported, citing unspecified talked about sources accustomed to the matter.
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Meta has prolonged the ban on new political adverts on Fb and Instagram after Election Day within the US
The social media big introduced the political adverts coverage replace on Monday, extending the ban on new political adverts till final Tuesday, the unique finish date for the restriction interval.
Meta didn’t specify when the restriction might be lifted, saying solely that the advert blocking will proceed “till later this week.” The corporate didn’t say why it prolonged the restriction interval for political adverts.
The corporate introduced in August that every one political adverts that ran at the very least as soon as earlier than October 29 would nonetheless be allowed to seem on Meta’s companies within the final week earlier than Election Day. Different political adverts will not be displayed.
Organizations with eligible adverts could have “restricted modifying choices” whereas the restriction remains to be in impact, Meta mentioned. These advertisers are allowed to make scheduling, budgeting and bidding-related modifications to their political adverts, Meta mentioned.
Meta launched the identical coverage in 2020. The corporate mentioned the coverage is in impact as a result of “we acknowledge that there will not be sufficient time to dispute new claims in commercials.”
Google father or mother Alphabet introduced the same replace to its promoting coverage final month, saying adverts associated to US elections can be halted within the US after the final polls closed on Tuesday. Alphabet mentioned it could notify advertisers if the pause is lifted.
Practically $1 billion was spent on political adverts prior to now week, with a lot of the cash spent on down-ballot races within the US, in keeping with information from promoting analytics agency AdImpact.
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