..

Gambling, Tobacco, Firearms and Dairy No Longer Taboo Subjects at Facebook

Written by:
Aaron Goldstein
Published on:
May/18/2011

Facebook, the powerful social media website, has reportedly loosened its policy on promotions around gambling, tobacco, dairy, age, residency and firearms. 

From Inside Facebook

Facebook updated its promotions guidelines this week, and has now confirmed that it no longer blanket-prohibits promotions (including give-aways) for tobacco, dairy, gambling, firearms, prescription drugs, and gasoline.

Promoters must still comply with restrictions in the jurisdictions where the promotions are held, but Facebook has dropped its site-wide restrictions that were originally designed to preserve local laws. Marketers can also require a purchase for entry, and target those below age 18 or who live in certain countries such as India and Norway.

The change could lead big brands in the now-unrestricted industries to step up their marketing efforts on Facebook, drawing spend away from more traditional marketing mediums such as TV and print. It will also allow all marketers more flexibility in promotion targeting and rules.

Some may cringe at the thought of minors being exposed to gambling and firearms ads in India and Norway?  But to each their own. 

Facebook claims it is simply making the company’s policy “easier to understand” while deferring to local jurisdictions in regard to the law.

- Aaron Goldstein, Gambling911.com

 

Business/Financial News

Satoshi Nakamoto a Troll Killer?

Satoshi Nakamoto a Troll Killer?

Cyber-bullying is a real thing and now punishable with up to a year in prison in Japan.

You Can Bet on the Price of Ethereum

You Can Bet on the Price of Ethereum

If you feel it's too risky to own some Ethereum due to price fluctuations, no worries.  Now you can simply place bets on where the price of Ethereum will be at various time frames.  You can also use Ethereum to place bets on BetOnline.

Granath v Wright Trial Concludes: Ruling Forthcoming

Magnus Grath vs. Dr. Craig Wright was set to determine if Grath's hateful tweets against Wright can be deemed as lawful in a Norway court.  Proving slander is not enough to have an individual held liable for their actions in the Nordic nation.  Those actions include allegedly mocking a man with autism, including the use of hashtags.

Friends Testify That Wright Talked About Bitcoin Before the Digital Currency Existed

Friends Testify That Wright Talked About Bitcoin Before the Digital Currency Existed

One witness claims to have seen the Bitcoin white paper provided by Dr. Wright prior to its launch. “It was like I’d seen a ghost," he testified after seeing the white paper years later when Bitcoin was already becoming all the rage.

Is the US Congress Pro Proof-of-Work When it Comes to Crytpo Mining?

Is the US Congress Pro Proof-of-Work When it Comes to Crytpo Mining?

Canadian accounting firm MNP published a report in November 2021 titled “The Search for a More Efficient Blockchain,” found that BSV was the most efficient network of those it investigated. This was due to BSV’s unbounded transaction processing capacity and the network’s use of more up-to-date hardware.

Syndicate