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X to allow political ads from candidates ahead of 2024 election

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X announced that it will now permit political advertising from candidates and political parties in the United States and will expand its safety and elections team in preparation for the 2024 presidential election.

Before its acquisition by billionaire Elon Musk in October, Twitter had imposed a global ban on all political ads since 2019. However, in January, Twitter lifted this ban and began allowing “cause-based ads” in the United States, focusing on issues such as voter registration. It also expressed intentions to broaden the scope of political ads allowed on its platform.

This decision to allow all political ads in the United States could potentially boost X’s revenue, especially as many advertisers had pulled back or reduced spending on the platform due to concerns about their ads appearing alongside inappropriate content.

In a blog post released on Tuesday, X announced plans to expand its teams, particularly those focused on countering content manipulation and addressing “emerging threats.”

Global center

The company intends to establish a global advertising transparency center, which will enable users to view the political ads being promoted on the X platform. X also affirmed its commitment to prohibiting political ads that disseminate false information or aim to undermine public confidence in elections.

X, like other social media platforms, has faced criticism from researchers and lawmakers for not taking adequate measures to prevent the spread of misleading or false content during major elections.

Since its acquisition by Musk, X has faced scrutiny regarding its readiness for the upcoming presidential election, especially after the company laid off numerous employees, including members of its trust and safety team.

*What are your thoughts on X’s decision to allow political advertising ahead of the 2024 election? Share your opinions in the comments.*

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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