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Meta extends ban on new political ads past Election Day Global News Avenue

Meta’s Mark Zuckerberg plans to visit South Korea and arrange important meetings during his visit, according to a statement from Meta on Wednesday, without providing further details. Zuckerberg is expected to meet Samsung Electronics Chairman Lee Jae-yong later this month to discuss the supply of artificial intelligence chips and other issues that generate artificial intelligence, South Korean newspaper Seoul Economic Daily reported, citing unnamed people familiar with the matter. .

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Yuan Ban on new political ads on Facebook and Instagram extended after US Election Day

Social media giant announces political advertising policy renew On Monday, a ban on new political ads was extended until Tuesday, the original end of the restriction period.

Meta didn’t specify a date when restrictions would be lifted, saying only that ad blocking would remain in effect “until later this week.” The company did not give a reason for the extension. political advertising Restriction period.

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The company announced in August that any political ad that ran at least once before Oct. 29 could still run on Meta’s service in the final week before Election Day. No other political ads will be allowed.

Meta said organizations with qualifying ads will have “limited editorial capabilities” while restrictions remain in place. These advertisers will be allowed to make scheduling, budget and bidding-related changes to their political ads, Mehta said.

Meta instituted the same policy in 2020. The company said it instituted the policy “because we recognize there may not be enough time to challenge new claims in advertising.”

Google-Parents letter A similar ad policy update was announced last month, saying it would suspend U.S. election-related ads in the U.S. after the last polls close on Tuesday. Alphabet said it will notify advertisers when the suspension is lifted.

Nearly $1 billion has been spent political advertising Last week, most of the money was spent on next-ballot races across the United States, according to ad analytics firm AdImpact.

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