Facebook reverses on paid influencers after Bloomberg memes

February 14, 2020 By Barbara Ortutay and Amanda Seitz

Facebook has decided to let political campaigns pay online influencers to spread their messages, a practice that had sidestepped many of the social network’s rules governing political ads.

Friday’s policy reversal highlights difficulties tech companies and regulators have in keeping up with the changing nature of paid political messages.

The change comes days after Democratic presidential candidate Mike Bloomberg exploited a loophole to run humorous messages promoting his campaign on the accounts of popular Instagram personalities followed by millions of younger people.

The Bloomberg posts weren’t much more than self-deprecating humor used to sell the candidate’s old guy appeal, using a tactic that until now was largely used to sell skin care products or clothing-subscription services. But the lack of oversight and clear rules around influencer marketing, not to mention their effectiveness in reaching younger audiences, makes them ripe for misuse.

Bloomberg’s effort skirted many of the rules that tech companies have imposed on political ads to safeguard U.S. elections from malicious foreign and domestic interference and misinformation. Online political ads have been controversial, especially after it was revealed Russia used them in an attempt to influence the 2016 presidential election. In response, Facebook has rolled out a number of rules to prevent a repeat of that, though it has declined to fact-check political ads and refuses to ban even blatantly false messages from politicians.

Before the explosion of social media, it was clearer what’s an ad and what isn’t — and thus what’s subject to disclosures and other rules. With social media, a campaign can pay celebrities and other influential users to spread a message on their behalf, without ever buying an ad and be subject to its rules.

“This...

Read more...

Previous Article
Stocks post small gains, major indexes up for the week
Stocks post small gains, major indexes up for the week

Wall Street closed out a wobbly day of trading Friday with the major stock indexes notching their second st...

Next Article
Ship traffic, February 16
Ship traffic, February 16

Ship traffic Due to arrive today .. . .. SHIP FROM PORT Dalian Highway Honolulu BNC Ever Lovel...