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    CBC Headache: KNUT pushes to have learners use primary schools for Junior Secondary Education

    CBC Headache: KNUT pushes to have learners use primary schools for Junior Secondary Education

    Rebecca Miano feted for promoting diversity and inclusion at KenGen

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    Kenyans celebrate Maxine Wahome for winning the World Rally Championship

    Kenyans celebrate Maxine Wahome for winning the World Rally Championship

    Uhuru Praises World Rally Championship for positive impact

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    Politician on EACC Radar for Swindling MCA’s Ksh14 Million

    Politician on EACC Radar for Swindling MCA’s Ksh14 Million

    Stockholm+50: Kenya calls for accelerated actions to avert environmental crisis

    Kenya to co-host UN Ocean conference in Portugal

    Nairobi’s Central Land Registry Set to go Live on ArdhiSasa

    Nairobi’s Central Land Registry Set to go Live on ArdhiSasa

    Asante EPZ Limited Fined For Illegal Merger By CAK

    Mobile phone subscribers decline by over 200,000 – CA Data

    Drunk Driving Will Now Cost You Sh100,000 Fine, As Alco-blow Returns

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    DCI arrests COVID-19 scammers

    Mobile Loan: Telkom Kenya set to launch M-shwari competitor

    Emirates Takes Triple Gold For The Third Year In a Row For Safety

    Emirates Takes Triple Gold For The Third Year In a Row For Safety

    IBL Group acquires Amethis stake in Naivas International

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    Revealed: The number of Kenyans with over Sh100 million in their account

    The raging debate on Twitter over the lack of US dollar in Kenya and the downplaying of the issue by the Central Bank of Kenya

    Agricultural subsidies unfair – Kenya tells WTO

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    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

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    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

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    Jambojet and Cellulant Partner on Loyalty Customer Rewards

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    National Construction Authority Suspends Licences of 18 Contractors

    National Construction Authority Suspends Licences of 18 Contractors

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    NEMA Re-Introduces Another Tax for Developers

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    Centum Digitalizes Real Estate Sector

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    Superior Homes Launches Reward Program for Investors

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    Report: High Demand for Luxury Houses in Nairobi Fueling  Increase in Prices

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    Regional property summit kicks off in Nairobi

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    Five Reasons Why Real Estate Increases in Value

    Five Reasons Why Real Estate Increases in Value

    Optiven Foundation Launches TVET Sponsorship Program

    Optiven Foundation Launches TVET Sponsorship Program

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    DCI arrests COVID-19 scammers

    Mobile Loan: Telkom Kenya set to launch M-shwari competitor

    Tecno Kenya Announces Launch Of Camon 19 Series & Spark 9 Series

    Tecno Kenya Announces Launch Of Camon 19 Series & Spark 9 Series

    Nairobi Women to start offering online outpatient services

    mTek Secures Sh340m to Accelerate Paperless Insurance in Kenya

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    Samsung Introduces Its 2022 Lineup of Appliances to Dealers

    Fathers Day Deals: Samsung Honors Fathers With Great Discounts

    Samsung Showcases its Premium Consumer Electronics Range

    Samsung Showcases its Premium Consumer Electronics Range

    OPPO Launches its Flagship Device Find X5 in Kenya to Retail for Sh100,000

    OPPO Launches its Flagship Device Find X5 in Kenya to Retail for Sh100,000

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

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    Why Mercedes Benz is Recalling Their Old Models

    Why Mercedes Benz is Recalling Their Old Models

    Cold comfort awaits a springtime Davos

    Cold comfort awaits a springtime Davos

    Meet The Richest Man Who Can Fund Kenya’s Budget Alone for 10years

    Meet The Richest Man Who Can Fund Kenya’s Budget Alone for 10years

    EA Sports End 29 Years of Video Game Partnership With FIFA

    EA Sports End 29 Years of Video Game Partnership With FIFA

    Central African Republic Adopts Bitcoin as an Official Currency

    Central African Republic Adopts Bitcoin as an Official Currency

    Netflix Stock Collapses After Losing 200,000 Subscribers

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    Putin spokesman refuses to rule out use of nuclear weapons if Russia faced an ‘existential threat’

    Putin spokesman refuses to rule out use of nuclear weapons if Russia faced an ‘existential threat’

    How new regulations are shaking up the world’s fastest sport

    How new regulations are shaking up the world’s fastest sport

    President Uhuru Urges International Community to Lift Sanctions on Zimbabwe

    President Uhuru Urges International Community to Lift Sanctions on Zimbabwe

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    NBK partners with Kodris Africa to enable easy payments for new coding programme

    NBK partners with Kodris Africa to enable easy payments for new coding programme

    Johan ICT Kenya launched to offer data protection for firms

    Johan ICT Kenya launched to offer data protection for firms

    Winfall For Tea Farmers as Bonus Set to Increase

    Winfall For Tea Farmers as Bonus Set to Increase

    St John Ambulance Seeking Sh12 million to Train Bodaboda Operators

    St John Ambulance Seeking Sh12 million to Train Bodaboda Operators

    Samsung Introduces Its 2022 Lineup of Appliances to Dealers

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    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    Kenya set to host first ever transport awards

    Kenya set to host first ever transport awards

    Zamara Feted as the Overall Best Insurance Broker of the Year

    Zamara Feted as the Overall Best Insurance Broker of the Year

    Jambojet and Cellulant Partner on Loyalty Customer Rewards

    Jambojet and Cellulant Partner on Loyalty Customer Rewards

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      NBK partners with Kodris Africa to enable easy payments for new coding programme

      NBK partners with Kodris Africa to enable easy payments for new coding programme

      Procedure for funding your Metropolitan National Sacco account through MPESA

      Procedure for funding your Metropolitan National Sacco account through MPESA

      KCB Group Shareholders Approve Sh9.64B in Dividend Payout

      KCB Group Shareholders Approve Sh9.64B in Dividend Payout

      DIB Bank Opens Its 6th Branch

      DIB Bank Opens Its 6th Branch

      10 Kenyan SACCOs you should consider investing in for high returns

      How’s your savings so far this year?

      Bank of Kigali Profits Rise to Sh1.8 Billion

      Bank of Kigali Profits Rise to Sh1.8 Billion

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      Absa Earns Global Recognition for its energy and water efficiency investments

      LAW: Sacco members will soon use household goods as security for loans

      10 SACCOs in Kenya you should consider investing in for high returns

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      Zamara Feted as the Overall Best Insurance Broker of the Year

      Zamara Feted as the Overall Best Insurance Broker of the Year

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      How Rot in The Insurance Sector is Exposing Kenyans to Lose Funds

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      Jubilee Acquires Additional Stake in SEACOM

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      New Platform to Help Kenyans Save From as Little as Ksh5 bob

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      Opinion: Deploying contemporary Information Technology solutions for Academic Delivery

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      How COVID-19 Impacted the Adoption of Digital Health Technology

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Kenyan Business Feed
  • Home
  • News
    CBC Headache: KNUT pushes to have learners use primary schools for Junior Secondary Education

    CBC Headache: KNUT pushes to have learners use primary schools for Junior Secondary Education

    Rebecca Miano feted for promoting diversity and inclusion at KenGen

    Rebecca Miano feted for promoting diversity and inclusion at KenGen

    Kenyans celebrate Maxine Wahome for winning the World Rally Championship

    Kenyans celebrate Maxine Wahome for winning the World Rally Championship

    Uhuru Praises World Rally Championship for positive impact

    Uhuru Praises World Rally Championship for positive impact

    Politician on EACC Radar for Swindling MCA’s Ksh14 Million

    Politician on EACC Radar for Swindling MCA’s Ksh14 Million

    Stockholm+50: Kenya calls for accelerated actions to avert environmental crisis

    Kenya to co-host UN Ocean conference in Portugal

    Nairobi’s Central Land Registry Set to go Live on ArdhiSasa

    Nairobi’s Central Land Registry Set to go Live on ArdhiSasa

    Asante EPZ Limited Fined For Illegal Merger By CAK

    Mobile phone subscribers decline by over 200,000 – CA Data

    Drunk Driving Will Now Cost You Sh100,000 Fine, As Alco-blow Returns

    Drunk Driving Will Now Cost You Sh100,000 Fine, As Alco-blow Returns

  • Markets
    DCI arrests COVID-19 scammers

    Mobile Loan: Telkom Kenya set to launch M-shwari competitor

    Emirates Takes Triple Gold For The Third Year In a Row For Safety

    Emirates Takes Triple Gold For The Third Year In a Row For Safety

    IBL Group acquires Amethis stake in Naivas International

    IBL Group acquires Amethis stake in Naivas International

    Revealed: The number of Kenyans with over Sh100 million in their account

    The raging debate on Twitter over the lack of US dollar in Kenya and the downplaying of the issue by the Central Bank of Kenya

    Agricultural subsidies unfair – Kenya tells WTO

    Agricultural subsidies unfair – Kenya tells WTO

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    Bad News for Kenyans As Fuel Prices Increase By Sh 9

    Bad News for Kenyans As Fuel Prices Increase By Sh 9

    Jambojet and Cellulant Partner on Loyalty Customer Rewards

    Jambojet and Cellulant Partner on Loyalty Customer Rewards

  • Real Estate
    National Construction Authority Suspends Licences of 18 Contractors

    National Construction Authority Suspends Licences of 18 Contractors

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    CCI Global, Gateway Real Estate Africa start Construction of new Contact Centre in Kenya

    NEMA Re-Introduces Another Tax for Developers

    NEMA Re-Introduces Another Tax for Developers

    Centum Digitalizes Real Estate Sector

    Centum Digitalizes Real Estate Sector

    Superior Homes Launches Reward Program for Investors

    Superior Homes Launches Reward Program for Investors

    Report: High Demand for Luxury Houses in Nairobi Fueling  Increase in Prices

    Report: High Demand for Luxury Houses in Nairobi Fueling Increase in Prices

    Regional property summit kicks off in Nairobi

    Regional property summit kicks off in Nairobi

    Five Reasons Why Real Estate Increases in Value

    Five Reasons Why Real Estate Increases in Value

    Optiven Foundation Launches TVET Sponsorship Program

    Optiven Foundation Launches TVET Sponsorship Program

  • Tech
    DCI arrests COVID-19 scammers

    Mobile Loan: Telkom Kenya set to launch M-shwari competitor

    Tecno Kenya Announces Launch Of Camon 19 Series & Spark 9 Series

    Tecno Kenya Announces Launch Of Camon 19 Series & Spark 9 Series

    Nairobi Women to start offering online outpatient services

    mTek Secures Sh340m to Accelerate Paperless Insurance in Kenya

    This is the New Way to Share Your Data Bundles , Minutes, Voice and SMSs

    This is the New Way to Share Your Data Bundles , Minutes, Voice and SMSs

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    Merchants Challenged to Integrate Payment Gateways to Prevent Online Payment Fraud

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    Samsung Showcases its Premium Consumer Electronics Range

    OPPO Launches its Flagship Device Find X5 in Kenya to Retail for Sh100,000

    OPPO Launches its Flagship Device Find X5 in Kenya to Retail for Sh100,000

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

  • World Business
    Why Mercedes Benz is Recalling Their Old Models

    Why Mercedes Benz is Recalling Their Old Models

    Cold comfort awaits a springtime Davos

    Cold comfort awaits a springtime Davos

    Meet The Richest Man Who Can Fund Kenya’s Budget Alone for 10years

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    EA Sports End 29 Years of Video Game Partnership With FIFA

    EA Sports End 29 Years of Video Game Partnership With FIFA

    Central African Republic Adopts Bitcoin as an Official Currency

    Central African Republic Adopts Bitcoin as an Official Currency

    Netflix Stock Collapses After Losing 200,000 Subscribers

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    Putin spokesman refuses to rule out use of nuclear weapons if Russia faced an ‘existential threat’

    How new regulations are shaking up the world’s fastest sport

    How new regulations are shaking up the world’s fastest sport

    President Uhuru Urges International Community to Lift Sanctions on Zimbabwe

    President Uhuru Urges International Community to Lift Sanctions on Zimbabwe

  • KBF
    • All
    • Agribusiness
    • Banking
    • Insurance
    • Manufacturing
    • Opinion
    NBK partners with Kodris Africa to enable easy payments for new coding programme

    NBK partners with Kodris Africa to enable easy payments for new coding programme

    Johan ICT Kenya launched to offer data protection for firms

    Johan ICT Kenya launched to offer data protection for firms

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    Winfall For Tea Farmers as Bonus Set to Increase

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    St John Ambulance Seeking Sh12 million to Train Bodaboda Operators

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    Criminal Syndicate Defrauding Kenyan Accounts and Buying Bitcoins Thwarted

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    Kenya set to host first ever transport awards

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    Zamara Feted as the Overall Best Insurance Broker of the Year

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    Jambojet and Cellulant Partner on Loyalty Customer Rewards

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    • Banking
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      NBK partners with Kodris Africa to enable easy payments for new coding programme

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      Procedure for funding your Metropolitan National Sacco account through MPESA

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      KCB Group Shareholders Approve Sh9.64B in Dividend Payout

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      DIB Bank Opens Its 6th Branch

      10 Kenyan SACCOs you should consider investing in for high returns

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      Bank of Kigali Profits Rise to Sh1.8 Billion

      Bank of Kigali Profits Rise to Sh1.8 Billion

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      Jubilee Acquires Additional Stake in SEACOM

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      Opinion: Setting a New Standard for Smartphones in Our Changing World

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Twitter To Ban All Political Advertising From Its Platform, CEO Jack Dorsey Tweeted

by Montui
October 31, 2019
in News, Tech, World
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Twitter Inc. Chief Executive Officer Jack Dorsey (pictured) tweeted Wednesday that the site will ban all political ads, delivering a jab to Facebook Inc., which has come under fire for the way it’s handled advertising by candidates.

“We believe political message reach should be earned, not bought,” Dorsey wrote on Twitter.

The decision, which doesn’t appear to represent a major financial sacrifice for Twitter, quickly drew reactions from politicians, including criticism from President Donald Trump’s campaign and praise from Joe Biden, a leading 2020 Democratic presidential candidate who has been targeted in ads by the Trump campaign.

Twitter’s action is likely to have little impact on the way campaigns are run, said Jessica Alter, the co-founder and chair for Tech for Campaigns, an organization that works with Democrats. Alter said candidates don’t view Twitter as a particularly important platform for advertising. “Twitter is for if you have extra money or if you want to get to pundits,” she said.

Twitter plans to publish a new political ads policy outlining the change in a few weeks, which will be enforced globally and go into effect Nov. 22.

jack ???
✔
@jack
We’ve made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons…?

Twitter shares fell as much as 4% to $28.63 in post-market trading in New York before paring the loss to about 1.9%. The stock had gained 3.9% this year through Wednesday.

Twitter said during an earnings call last week that political ads represented less than $3 million in revenue during the 2018 midterm elections. By contrast, Trump alone spent almost $5 million on Facebook advertising in the four weeks leading up to Oct. 19, according to an analysis by the media agency Bully Pulpit Interactive.

Overall, campaigns spent $950 million online in 2018, nearly four times what they shelled out during the 2014 midterms, according to Kantar Media, an analysis firm that specializes in election ads. Kantar projects that total online spending on political ads for 2019-2020 federal campaigns will touch $1.2 billion.

Twitter’s announcement came about an hour before Chief Executive Officer Mark Zuckerberg delivered an impassioned defense of Facebook’s policy of not fact-checking ads from politicians on the company’s earnings call Wednesday. He said the company has thought carefully about the issue and is taking a stance on principle, noting that political ads will make up just 0.5% of revenue next year.

“I expect that this is going to be a very tough year,” he said on the call. “We try to do what we think is right but we’re not going to get everything right.”

Zuckerberg has come under fire for his position because it means politicians can publish lies or misinformation on the social network and pay Facebook to spread those messages to voters. Trump’s campaign has already taken advantage of the policy by running recent ads claiming Democratic front-runner Joe Biden bribed Ukrainian officials — claims that have been debunked. A similar ad campaign ran on Twitter.

“Twitter just walked away from hundreds of millions of dollars of potential revenue, a very dumb decision for their stockholders,” Trump’s re-election campaign manager Brad Parscale said in a statement. He also suggested the move was “yet another attempt to silence conservatives, since Twitter knows President Trump has the most sophisticated online program ever known.” Trump’s Twitter account has more than 66 million followers.

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Biden’s campaign said it appreciated the move.

“When faced with a choice between ad dollars and the integrity of our democracy, it is encouraging that, for once, revenue did not win out,” Biden spokesman Bill Russo said in a statement.

Democratic presidential candidate Pete Buttigieg called Twitter’s decision “a bold step that reflects a sense of responsibility.” He told reporters in New Hampshire that if other social media giants, including Facebook, don’t take active steps to determine whether their advertisements cause harm, they should “question whether they should be in the business at all.”

Fellow Democratic presidential hopeful Elizabeth Warren has also called on Facebook to change its policy. She tried to prove her point earlier this month by taking out a series of ads claiming Zuckerberg had endorsed Trump for re-election, which wasn’t true.

The ad quickly disclosed the falsehood, using the correction to showcase that politicians can lie on the platform. It says that even though Zuckerberg hasn’t endorsed Trump, he has given the president “free rein to lie on his platform — and then to pay Facebook gobs of money to push out their lies to American voters.”

The move was part of an escalating war of words between Zuckerberg and the Massachusetts senator, who has made her candidacy a referendum on corporate power and promised to break up the world’s largest social networking site.

Tech for Campaigns’ Alter said she doubted Twitter’s decision would significantly increase the pressure Facebook is feeling. But she argued that if Facebook or Alphabet Inc.’s Google did follow suit, it would mostly impact lesser-known candidates, who rely on advertising to introduce themselves to voters.

Zuckerberg gave a speech at Georgetown University in Washington earlier this month saying the social network doesn’t fact-check political advertisements because in his view, it’s not the place of technology companies to become arbiters of truth.

“People should be able to see for themselves what politicians are saying,” Zuckerberg said to an auditorium full of students at Georgetown University’s Gaston Hall in Washington Oct. 17.

That sparked a letter from hundreds of Facebook employees to company executives expressing concern that the rules run counter to the top-priority work the company has done to protect users from election manipulation.

Dorsey criticized Zuckerberg over the Georgetown speech last week, saying his emphasis on speech and expression missed the issues including “amplification,” citing “a major gap and flaw” in the Facebook chief’s argument.

The Twitter CEO continued on that line Wednesday in a subsequent tweet. “A final note. This isn’t about free expression,” Dorsey said. “This is about paying for reach. And paying to increase the reach of political speech has significant ramifications that today’s democratic infrastructure may not be prepared to handle. It’s worth stepping back in order to address.”

Via Bloomberg


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]

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