Previously, Facebook had prohibited sponsored posts by campaigns as part of a broader ban on political entities' use of a suite of tools that involve financial transactions, like subscription services and so-called. It had banned them out of fear that those practices could be considered campaign contributions by Facebook.
“Branded content is different from advertising, but in either case we believe it’s important people know when they’re seeing paid content on our platforms," the spokesperson said. A spokesperson for the Federal Election Commission told POLITICO that "commission regulations do not explicitly address social media influencers."
TRANSLATION: Bloomberg is literally spending hundreds of millions, and Facebook WANTS that money.
Corruption
His memes are trash. His team can't meme. He needs a box to put them in.
Facebook is a complete scandal, fraud, greed machine and disgrace. MZ has sold out. I have no respect for him
Rules for thee, but not for me.
MillenPolitics FB is the reason to vote Warren. Zuckerberg is as greedy and immoral and self-serving as trump. They both need boundaries set for them.
Golly, is Zuck promoting another billionaire
TrueFactsStated Another reason to stay away from FB.
From now on, Facebook and Instagram will allow 'branded content' from political candidates — a practice in which a campaign pays influencers to place supportive posts on their accounts. Previously they banned such content from politicians by default
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