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Why AI Is Social Media Fraud’s New Best Friend

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It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

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As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. which of course is Brexit-ing the EU). Closer to home, of course, antitrust efforts and legal actions against major tech companies are ramping up (and, of course, are not confined to U.S.

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New Facebook Shops Feature Streamlines Social Commerce

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To enable businesses to more easily list their merchandise on its social media platforms, Facebook has unveiled Facebook Shops. The social media company had allowed companies to list items on Instagram and Facebook in the past. That of course means there’ll be higher conversions and more sales for small businesses.”

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Facebook Deals With Rising Expenses As Regulatory Pressure Increases

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Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. 29), and reported that total costs and expenses hit some $46.71 billion, up 27 percent year over year.

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Is #donate The First Step To #buy?

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Think about it: A person who makes a donation in the public sphere of social media might encourage others to do the same. This can serve as a powerful force when it comes to online charitable giving via social media. A social media conversation about a cause or charitable need can easily inspire consumers to donate.

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Crypto 2020: One Step Up; Two Steps Back

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It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do. Dollars Done Digitally. Still, a new year dawns.

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Virtual Roar Of The Crowd Enough For ‘Virtual’ Fandom Amid Pandemic?

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Sporting events come to mind, of course. As reported by CNBC , the latest forays into “virtual” crowds extend a partnership that the NFL has had in place with Microsoft since 2013, where Microsoft Surface hardware is deployed to help run operations. But a total recreation is out of the picture, of course.