Bloomberg's meme spree prompts changes in Facebook, Instagram rules

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Bloomberg's meme spree prompts changes in Facebook, Instagram rules
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Mike Bloomberg's spree of often-surreal social media memes is having one concrete impact — it prompted Facebook to make another change Friday in its rules for paid political content

Previously, Facebook had prohibited sponsored posts by campaigns as part of a broader ban on political entities' use of a suite of tools that involve financial transactions, like subscription services and so-called. It had banned them out of fear that those practices could be considered campaign contributions by Facebook.

“Branded content is different from advertising, but in either case we believe it’s important people know when they’re seeing paid content on our platforms," the spokesperson said. A spokesperson for the Federal Election Commission told POLITICO that "commission regulations do not explicitly address social media influencers."

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