financetom
Technology
financetom
/
Technology
/
Facebook plans to remove thousands of sensitive ad-targeting options
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Facebook plans to remove thousands of sensitive ad-targeting options
Nov 9, 2021 9:41 PM

Facebook Inc said on Tuesday it plans to remove detailed ad-targeting options that refer to "sensitive" topics, such as ads based on interactions with content around race, health, religious practices, political beliefs or sexual orientation.

The company, which recently changed its name to Meta and which makes the vast majority of its revenue through digital advertising, has been under intense scrutiny over its ad-targeting abilities and rules in recent years.

In a blog post, Facebook gave examples of targeting categories that would no longer be allowed, such as "Lung cancer awareness," "World Diabetes Day", "LGBT culture", "Jewish holidays" or political beliefs and social issues. It said the change would take place starting Jan. 19, 2022.

The company has been hit with criticisms around its micro-targeting capabilities, including over abuses such as advertisers discriminating against or targeting vulnerable groups.

"We've heard concerns from experts that targeting options like these could be used in ways that lead to negative experiences for people in underrepresented groups," said Graham Mudd, the company's vice president of product marketing for ads, in the post.

Its tailored ad abilities are used by wide-ranging advertisers, including political campaigns and social issue groups as well as businesses.

"The decision to remove these Detailed Targeting options was not easy and we know this change may negatively impact some businesses and organizations," Mudd said in the post, adding some advertising partners were concerned they would not be able to use these adds to generate positive social change.

Advertisers on Facebook's platforms can still target audiences by location, use their own customer lists, reach custom audiences who have engaged with their content and send ads to people with similar characteristics to those users.

The company, which allows users to opt to see fewer ads related to topics like politics and alcohol, said early next year it would give people more controls over the ads they see, including ones about gambling and weight loss.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Breaking Down T-Mobile US: 8 Analysts Share Their Views
Breaking Down T-Mobile US: 8 Analysts Share Their Views
Jul 19, 2024
8 analysts have shared their evaluations of T-Mobile US ( TMUS ) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
This Is What Whales Are Betting On AT&T
This Is What Whales Are Betting On AT&T
Jul 19, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on AT&T ( T ). Looking at options history for AT&T ( T ) we detected 10 trades. If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish. From...
FedEx experienced network disruptions due to global IT outage
FedEx experienced network disruptions due to global IT outage
Jul 19, 2024
(Reuters) - FedEx Corp ( FDX ) said on Friday it faced substantial disruptions throughout its networks due to a global IT outage experienced by a third party software vendor. A global tech outage was disrupting operations in multiple industries on Friday, with airlines halting flights, some broadcasters going off-air and everything from banking to healthcare hit by system problems....
Global tech outage eases after widespread disruption, new focus seen on risks
Global tech outage eases after widespread disruption, new focus seen on risks
Jul 19, 2024
(Reuters) -Services from airlines to healthcare, shipping and finance were coming back online on Friday after a mistake in a security software update sparked hours-long global computer systems outages, another incident highlighting the vulnerability of the world's interconnected technologies. After the outage was resolved, companies were dealing with backlogs of delayed and canceled flights and medical appointments, missed orders and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved