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    Republicans spent millions on last-minute voting ads on Facebook

    On midnight of October 26, Facebook stopped accepting all new advertisements about “social issues, elections, or politics in the US.” The intention was to prevent Facebook from being overwhelmed by a blitz of last-minute ads that would require fact-checking, and to limit the ability of political groups to sow confusion or violence. Advertisers were not blocked from running old ads, however: Facebook’s rules meant they could continue to run already-approved political ads through to the end of Election Day, after which they were all removed.  We already know that turnout was historically high across both Democrats and Republican voters. Though … Read More

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    Ant vs Tencent – TechCrunch

    As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, recognized as Ant’s archrival in China. It’s somewhat complicated to do this, not least because they are sprawled across a number of Tencent properties and, unlike Ant, don’t go by a single brand or operational structure — at least, not one that is obvious to the outside world. However, when you tease out Tencent’s fintech activity across its wider footprint — from direct operations like WeChat Pay through to its … Read More

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