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Social media dubbed least trusted industry

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Social media has been rated the least trusted industry in a new global survey

Social Media has been ranked as the least trusted industry in a survey of 15,000 people across 15 countries worldwide.

Global communications firm Edelman conducted the report. It revealed the social media industry has received the lowest trust rating.

A total of 12 industries were presented in the survey, and social media came in last at just 47%.

While, the technology Industry led the survey as most trusted, with a score of 76%.

This latest report also found that an average of 73% of global respondents worry about their data privacy.

Untrustworthy culprits

The results support a smaller study of 2225 social media users in the United States, conducted by Insider Intelligence.

It found Facebook was the least trusted social media platform, for the second year running.

On the contrary, Pinterest ranked as the most trusted platform, beating previous favourite LinkedIn.

Diminishing trust

The worsening trust in social media is to be expected, when reflecting on the serious issues plaguing the industry recently.

The industry has experienced data privacy breaches, misinformation, disinformation and violent content due to a lack of moderation.

At one point, Facebook even temporarily blocked Australian content to dispute government regulations.

The instability of the social media industry has never been more apparent than over the past few weeks.

Elon Musk has taken the reigns of Twitter, and has been quick to make drastic changes, with far-reaching consequences.

Other tech giant tycoon, Mark Zuckerberg has laid off thousands of staff due to his vision of the Metaverse becoming more virtual than reality.

Social media is in a state of constant change.

The platforms are ill equipped to keep up with the number of users and volume of content being generated on a daily basis.

Therefore, instilling and increasing public trust in the industry may be an extremely challenging goal to achieve.

Report by Dr Karen Sutherland, University of the Sunshine Coast and Dharana Digital 

Dr Karen Sutherland is a Senior Lecturer at the University of the Sunshine Coast where she designs and delivers social media education and research. Dr Sutherland is also the Co-Founder and Social Media Specialist at Dharana Digital marketing agency focused on helping people working in the health and wellness space.

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How has the hospitality industry changed since the onset of the coronavirus pandemic?

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Many global issues continue to have an impact on multiple sectors of the economy—including the hospitality industry.

Since the onset of the coronavirus pandemic, how has the hospitality industry changed ?

 
Numerous international challenges including inflation, worker shortages, the Russia-Ukraine war and rising tensions between the United States and China—continue to have an impact on many sectors of the economy—including the hospitality industry.

According to the 2023 State of the Restaurant Industry report, the foodservice sector is forecast to reach $997-billion in sales in 2023—driven in part by higher menu prices.

So, how has the hospitality industry changed since the onset of the coronavirus pandemic?

Priya Krishna, a food reporter with The New York Times joins us to discuss. #PriyaKrishna #thenewyorktimes #food #hospitality #economy #veronicadudo #business

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Why are restaurants adding service charges amid rising prices?

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American diners across the nation may be bewildered by an unfamiliar charge at the bottom of the check—a“service charge,”tacked on with little explanation.

So, why are restaurants adding service charges amid rising prices?

 
You’ve probably noticed it’s a lot more expensive to go out to eat.

The post-covid world is still working try and get back to pre-pandemic economic output.

And the hospitality industry is no different.

An increasing number of restaurants have added service charges of up to 22%—or more—in recent years in to keep up with rising costs.

So, are these changes in the hospitality industry a byproduct of the coronavirus pandemic?

Priya Krishna, a food reporter with The New York Times joined us to discuss. #hospitality #restaurants #PriyaKrishna #veronicadudo #inflation #pandemic #economy #thenewyorktimes

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China and the U.S. now caught up in a deadly game

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As the U.S. and Chinese defence bosses spoke in Beijing, many in the room realised one thing – the two are far from ready to talk.

 
A thinly veiled criticism of the United States was delivered by Chinese Defence Minister General Li Shangfu.

In his first public statement to an international audience since becoming defence minister in March, Li highlighted China’s Global Security Initiative, a set of foreign policy principles and directions in line with Beijing’s style of diplomacy, which was announced in April last year by Chinese President Xi Jinping.

“It practises exceptionalism and double standards and only serves the interests and follows the rules of a small number of countries,” he told Asia’s biggest defence conference.

Among them are opposition to unilateral sanctions and economic development as a means of stemming instability and conflict.

“Its so-called rules-based international order never tells you what the rules are, and who made these rules,” Li said in a speech to the Shangri-La Dialogue in Singapore, without naming the US or its partners.

#featured #china #li shangfu #south china sea #taiwan

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