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Crypto Rues Bitcoin’s Decoupling From AI-Fueled Tech Stock Gains
Crypto Rues Bitcoin’s Decoupling From AI-Fueled Tech Stock Gains
Crypto fans are now paying a price for Bitcoin’s weakened correlation with technology stocks. The top digital asset
2023-06-01 11:15
Taylor Swift gives 'life-changing' $100,000 bonuses to Eras Tour truck drivers
Taylor Swift gives 'life-changing' $100,000 bonuses to Eras Tour truck drivers
Taylor Swift is going out in "Style."
2023-08-03 03:59
Biden looks to provide relief from extreme heat as record temperatures persist
Biden looks to provide relief from extreme heat as record temperatures persist
President Joe Biden plans to announce new steps to address the extreme heat that has threatened millions of Americans, most recently in the Southwest
2023-07-27 12:18
Oil edges lower ahead of Fed meeting
Oil edges lower ahead of Fed meeting
By Florence Tan SINGAPORE Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors
2023-06-12 09:24
Some Bank of Canada governors saw likely need for higher rates - minutes
Some Bank of Canada governors saw likely need for higher rates - minutes
By Steve Scherer and David Ljunggren OTTAWA Some members of the Bank of Canada's (BoCs) policy-setting governing council
2023-11-09 02:48
Personio launches new productivity and employee experience features to unlock the power of people for SMEs
Personio launches new productivity and employee experience features to unlock the power of people for SMEs
LONDON--(BUSINESS WIRE)--Oct 4, 2023--
2023-10-04 18:28
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul is arguably one of the most well-known influencers in the world right now, but unfortunately for gambling firm Ladbrokes, the YouTuber-turned-boxer’s widespread appeal has landed them in a bit of trouble with the UK’s Advertising Standards Authority (ASA). The independent advertising watchdog, which regulates the advertising industry, enforces rules drawn up by the Committee of Advertising Practice (CAP), which has some pretty strict rules when it comes to gambling ads. In addition to requiring said adverts to be “socially responsible” and “protect children … from being harmed or exploited”, the CAP’s code states marketing communications must not be “likely to be of strong appeal to children or young persons, especially by reflecting or being associated with youth culture”. “They must not include a person or character whose example is likely to be followed by those aged under 18 years or who has a strong appeal to those aged under 18,” it reads. After Ladbrokes shared a promoted tweet in February featuring Paul – following his defeat to Tommy Fury – in which Twitter users were encouraged to vote on “what’s next for Jake Paul”, a single complaint was made to the ASA as to whether it may be in breach of the Code. Responding to the ASA’s enquiries, the betting company noted the advert contained no calls to action, promotions or links back to its website – and was “age-gated” so only users who had confirmed their age as being over 18 could see it. Sign up to our free Indy100 weekly newsletter The ad was specifically targeted at users aged 25 and over, receiving close to 16,500 impressions with just over 47 per cent of these being from individuals aged between 20 and 29 years. Ladbrokes also cited demographics for Paul’s following across several social media platforms, showing that the percentage of users aged between 13 and 17 years old was below 20 per cent on Instagram, YouTube and TikTok. On Twitter, zero per cent of his followers were reportedly registered as being under 18. The company also directed ASA to the watchdog’s own guidance on “protecting under-18s” from advertising about gambling and lotteries, in which it states “sports like … boxing … are more adult-oriented and unlikely to be of inherent ‘strong’ appeal” to children and young people. Zing. However, in a decision which saw the regulator uphold the complaint against Ladbrokes, the ASA ruled there was still a responsibility to comply with the rule about not appealing to under-18s because the advert “appeared in a medium where under-18s could not be entirely excluded from the audience”. It continued: “CAP guidance stated that sportspeople involved in clearly adult-oriented sports who were ‘notable’ stars with significant social media and general profiles which made them well-known to under-18s were considered moderate risk in terms of how likely they were to be of strong appeal to under-18s. “We also considered that Jake Paul would primarily be known for making YouTube videos and that he had a large social media following. We acknowledged that he had within the last few years turned to boxing. “However, because of his career on YouTube, we considered that he had a high profile within the sport and was well known outside of the sport and social media.” Although they noted Paul had no followers aged under 18 on Twitter, where the ad was located, the ASA concluded the content creator was still of “inherent strong appeal” to under-18s because “such large numbers” of his followers were in that demographic. They also mentioned Paul’s appearance on the Disney Channel series Bizaardvark between 2016 and 2018 about two teenagers, with the target audience for the show likely to be “around the same age”. As such, they found Paul still had a “strong appeal” to under-18s and that Ladbroke’s advert was “irresponsible”. Not the first time Paul and “irresponsible” have appeared in the same sentence, to be honest… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-05 07:29
Europe Must Cut Down on Its Dependence With China, Baerbock Says
Europe Must Cut Down on Its Dependence With China, Baerbock Says
German Foreign Minister Annalena Baerbock said that the European Union must reduce its reliance on China and that
2023-09-18 17:17
A nonprofit tracks hate speech online. Elon Musk's X threatened to sue them for it.
A nonprofit tracks hate speech online. Elon Musk's X threatened to sue them for it.
Fresh off of making legal threats to Microsoft and Meta, X (Twitter) has its sights
2023-08-01 01:20
Saudi Fund for Development Supports Infrastructure Development in The Bahamas and Mauritius, and Explores Cooperation with San Marino
Saudi Fund for Development Supports Infrastructure Development in The Bahamas and Mauritius, and Explores Cooperation with San Marino
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Oct 2, 2023--
2023-10-02 19:58
Nordson’s Semiconductor Advanced Packaging Solutions Will Be Demonstrated at SEMICON Taiwan 2023
Nordson’s Semiconductor Advanced Packaging Solutions Will Be Demonstrated at SEMICON Taiwan 2023
CARLSBAD, Calif.--(BUSINESS WIRE)--Aug 10, 2023--
2023-08-11 09:21
Powell says US Fed could 'raise rates further,' but urges caution
Powell says US Fed could 'raise rates further,' but urges caution
The US Federal Reserve is prepared to raise interest rates higher -- and hold them there -- to bring down above-target inflation, but will proceed "carefully" going...
2023-08-26 00:21