FTC votes to review influencer marketing rules & penalties

Undisclosed influencer marketing posts on social media should trigger financial penalties, according to a statement released today by the Federal Trade Commission’s Rohit Chopra. The FTC has voted 5-0 to approve a Federal Register notice calling for public comments on questions related to whether The Endorsement Guides for advertising need to be updated. “When companies…

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Cryptocurrency blockchain Ethereum Could See More Pain Before Face-Melting Bull Market: Analyst

Ethereum may be due for one last leg down. Despite ether’s bearish price action in 2019, it has made significant progress. The cryptocurrency’s growing fundamentals will likely eventually catalyze a new bull market. Just like bitcoin, Ethereum has been correcting ever since it posted a high in June 2019. From last year’s high of $363.30,…

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Get ready to see Spotify’s looping videos on Instagram

Following Spotify’s confirmation of a new Stories feature, initially being tested by social media influencers, the company this morning announced it will now allow artists to reach their Instagram fan bases in a new way, too. However, in this case, they aren’t creating Spotify Stories they can market elsewhere on their social media, but instead…

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Cryptocurrency blockchain Is There Any Truth to the Tesla-Bitcoin Parallels?

Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic link? The…

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GoDaddy continues to expand beyond websites by acquiring social content startup Over

GoDaddy has reached an agreement to acquire Over, the startup behind an app that helps businesses create the photos and videos they need for social media. Justin Tsai, GoDaddy’s vice president of growth and product, said this acquisition is about acknowledging “a world of entrepreneurs who may never have a website.” He told me, “Over’s…

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Women hold third of board roles at FTSE 100 firms

Image copyright Getty Images One in three board positions at the UK’s biggest companies is now held by a woman, a government-backed review has found.The Hampton-Alexander Review latest report found 349 women currently sit on boards at FTSE 100 firms.The government said the review’s “fantastic work” had seen it hit the target almost a year…

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UK Council websites are letting citizens be profiled for ads, study shows

On the same day that a data ethics advisor to the UK government has urged action to regulate online targeting a study conducted by pro-privacy browser Brave has highlighted how Brits are being profiled by the behavioral ad industry when they visit their local Council’s website — perhaps seeking info on local services or guidance about…

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Cryptocurrency blockchain Hash War Looms as Bitcoin Cash Tax Drama Explodes

An anonymous group of miners announced plans to hardfork a new bitcoin cash blockchain if tax on miners isn’t removed. Group claims to control 42% of the BCH hashrate, with plans to expand it to 2.5 exahash per second by the May 15 fork date. A repeat of 2018 costly hash war could be on…

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Cryptocurrency blockchain U.K. Tax Agency Offers a $130,000 Bounty on Privacy Coin Traceability

The U.K’s taxman clamps down on tax evasion and money laundering. HMRC offers $130,000 for anyone who can trace BTC, ETH, and an array of privacy coins. Will the UK become the next crypto hub? The U.K.’s taxman is looking to crack down on private transactions. HM Revenue and Customs (HMRC), the tax authority for…

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How Dubsmash revived itself as #2 to TikTok

Lip-syncing app Dubsmash was on the brink of death. After a brief moment of virality in 2015 alongside Vine (R.I.P), Dubsmash was bleeding users faster than it could recruit them. The app let you choose an audio track like a rap song or movie quote and shoot a video of you pretending to say the…

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