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After relaxing ad rules in January 2023, X begins aggressively pitching political advertisers; AdImpact: ~$1.2B will be spent digitally for the 2024 US election (Patrick Coffee/Wall Street Journal) 16-10-2023

Patrick Coffee / Wall Street Journal: After relaxing ad rules in January 2023, X begins aggressively pitching political advertisers; AdImpact: ~$1.2B will be spent digitally for the 2024 US election  —  Musk’s volatile leadership of the social-media platform has pushed down its prices—which might give it an edge Lees verder op Tech Meme

A survey of 1,567 US adolescents: 51% spend at least four hours on social media apps per day; 13-year-olds spent 4.1 hours, rising to 5.8 hours for 17-year-olds (Jonathan Rothwell/Gallup) 16-10-2023

Jonathan Rothwell / Gallup: A survey of 1,567 US adolescents: 51% spend at least four hours on social media apps per day; 13-year-olds spent 4.1 hours, rising to 5.8 hours for 17-year-olds  —  WASHINGTON, D.C. — Just over half of U.S. teenagers (51%) report spending at least four hours per day using a variety … Lees verder op Tech Meme

Some influencers and CEOs are building their brands on LinkedIn, which is easier due to less creator competition, a committed user base, and a safer feel than X (Hannah Murphy/Financial Times) 16-10-2023

Hannah Murphy / Financial Times: Some influencers and CEOs are building their brands on LinkedIn, which is easier due to less creator competition, a committed user base, and a safer feel than X  —  Once purely a jobs board, users say the platform is now more valuable than rivals  —  Marketer Zain Kahn says he earns … Lees verder op Tech Meme

Spotify launches an in-app Merch Hub that provides merch recommendations based on users' listening habits; merch is sold on artists' stores powered by Shopify (Aisha Malik/TechCrunch) 16-10-2023

Aisha Malik / TechCrunch: Spotify launches an in-app Merch Hub that provides merch recommendations based on users’ listening habits; merch is sold on artists’ stores powered by Shopify  —  Spotify is launching a dedicated in-app Merch Hub that provides personalized merch recommendations based on your listening habits, the company announced on Monday. Lees verder op Tech Meme

Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers (Emily Nicolle/Bloomberg) 16-10-2023

Emily Nicolle / Bloomberg: Binance halts user signups in the UK, after the FCA restricted a local partner’s ability to approve communications for crypto companies with customers  —  – UK’s financial promotions regime was widened to include crypto  — Exchange plans to hire a new approver for its communications Lees verder op Tech Meme

Snap shares jumped 11%+ following a report that Snap's internal “stretch” goal was to have over 475M DAUs in 2024, above Wall St. expectations of ~447M (Chavi Mehta/Reuters) 16-10-2023

Chavi Mehta / Reuters: Snap shares jumped 11%+ following a report that Snap’s internal “stretch” goal was to have over 475M DAUs in 2024, above Wall St. expectations of ~447M  —  Snap (SNAP.N) shares jumped 11% on Monday after a media report said the social media company is expected … Lees verder op Tech Meme