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Facebook to say Wednesday whether it will reinstate Trumpâs account The company suspended Trump from posting to his 35 million followers after he encouraged supporters to march on the U.S. Capitol on Jan. 6
Author of the article: Mark Niquette and Kurt Wagner
Publishing date: May 04, 2021  â¢Â May 4, 2021  â¢Â 4 minute read  â¢Â Police release tear gas into a crowd of pro-Trump protesters during clashes at a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, at the U.S. Capitol Building in Washington, U.S, January 6, 2021. Photo by REUTERS/Shannon Stapleton
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Facebook Inc.âs independent content oversight board plans to announce on Wednesday whether it will reinstate former president Donald Trumpâs account after he was banned from the social-media platform in the aftermath of the Jan. 6 insurrection at the U.S. Capitol.
Facebook s sales, users jump as pandemic habits persist
Naomi Nix, Bloomberg News
âFacebook Inc.âs first-quarter sales rose 48 per cent, surging past analystsâ estimates thanks to strong demand from retailers and other advertisers seeking to grab attention from the social networkâs billions of users.
Revenue climbed to US$26.2 billion, the company said Wednesday in a statement. That dwarfed the US$23.7 billion average estimate of analysts, according to data compiled by Bloomberg. Facebook reported 2.85 billion monthly active users, a rise of 10 per cent. Analysts projected 2.83 billion. Shares jumped more than 6 per cent in late trading.
Menlo Park, California-based Facebook, which also owns Instagram and WhatsApp, has seen a surge in use of its platforms for at-home entertainment and keeping up with loved ones while people have been stuck in lockdown. Larger advertisers have shifted more of their marketing budgets to social media sites, while small businesses
Instagram to create marketplace for influencers’ brand deals
Bloomberg
April 28 |
Updated on
April 28, 2021
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It’s part of a suite of new initiatives to try to help people make money on Instagram
Facebook Inc’s Instagram is creating a marketplace so brands can connect with influencers they may want to pay to promote their products.
Facebook Chief Executive Officer Mark Zuckerberg and Instagram head Adam Mosseri announced the new marketplace Tuesday in a live video on Instagram. “Branded content is the economic engine behind the creator ecosystem,” Mosseri said. “Matchmaking is something we can add a lot of value for.”
The company hasn’t yet released further details on how the marketplace will work. It’s part of a suite of new initiatives to try to help people make money on Instagram, the photo and video-sharing app, through divvying up revenue for videos, tipping and other means. Instagram prioritised such moves during the coronavirus pandemic, when peopl
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