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At what age should kids become financially independent?
At what age should kids become financially independent?
By Chris Taylor NEW YORK At what age should American kids become financially independent? The harsh reality of
2023-08-30 03:48
TikTok seeks up to $20 billion in e-commerce business this year - Bloomberg News
TikTok seeks up to $20 billion in e-commerce business this year - Bloomberg News
ByteDance Ltd's TikTok hopes to more than quadruple the size of its worldwide e-commerce operation to as much
2023-06-08 09:48
TikTok to spend billions in SE Asia as e-commerce move pays off
TikTok to spend billions in SE Asia as e-commerce move pays off
TikTok's chief executive said Thursday the company would pour billions of dollars into Southeast Asia in the coming years, as a report showed its nascent venture...
2023-06-15 16:25
Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller
Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller
By Tom Hals A Missouri jury ordered Bayer to pay $1.56 billion to four plaintiffs who claimed the
2023-11-20 00:45
Marketmind: Earnings, China hold spotlight ahead of big rates decisions
Marketmind: Earnings, China hold spotlight ahead of big rates decisions
A look at the day ahead in European and global markets from Tom Westbrook Earnings and hope for a turning
2023-07-25 12:51
Cintas St. Paul Rental Location Certified as VPP Star Site
Cintas St. Paul Rental Location Certified as VPP Star Site
ST. PAUL, Minn.--(BUSINESS WIRE)--Aug 29, 2023--
2023-08-30 00:48
Oil prices tick down with OPEC meeting in rear view
Oil prices tick down with OPEC meeting in rear view
By Arathy Somasekhar Oil prices edged lower on Tuesday, giving up most of the prior session's gains that
2023-06-06 09:17
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter
2023-07-31 23:47
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul is arguably one of the most well-known influencers in the world right now, but unfortunately for gambling firm Ladbrokes, the YouTuber-turned-boxer’s widespread appeal has landed them in a bit of trouble with the UK’s Advertising Standards Authority (ASA). The independent advertising watchdog, which regulates the advertising industry, enforces rules drawn up by the Committee of Advertising Practice (CAP), which has some pretty strict rules when it comes to gambling ads. In addition to requiring said adverts to be “socially responsible” and “protect children … from being harmed or exploited”, the CAP’s code states marketing communications must not be “likely to be of strong appeal to children or young persons, especially by reflecting or being associated with youth culture”. “They must not include a person or character whose example is likely to be followed by those aged under 18 years or who has a strong appeal to those aged under 18,” it reads. After Ladbrokes shared a promoted tweet in February featuring Paul – following his defeat to Tommy Fury – in which Twitter users were encouraged to vote on “what’s next for Jake Paul”, a single complaint was made to the ASA as to whether it may be in breach of the Code. Responding to the ASA’s enquiries, the betting company noted the advert contained no calls to action, promotions or links back to its website – and was “age-gated” so only users who had confirmed their age as being over 18 could see it. Sign up to our free Indy100 weekly newsletter The ad was specifically targeted at users aged 25 and over, receiving close to 16,500 impressions with just over 47 per cent of these being from individuals aged between 20 and 29 years. Ladbrokes also cited demographics for Paul’s following across several social media platforms, showing that the percentage of users aged between 13 and 17 years old was below 20 per cent on Instagram, YouTube and TikTok. On Twitter, zero per cent of his followers were reportedly registered as being under 18. The company also directed ASA to the watchdog’s own guidance on “protecting under-18s” from advertising about gambling and lotteries, in which it states “sports like … boxing … are more adult-oriented and unlikely to be of inherent ‘strong’ appeal” to children and young people. Zing. However, in a decision which saw the regulator uphold the complaint against Ladbrokes, the ASA ruled there was still a responsibility to comply with the rule about not appealing to under-18s because the advert “appeared in a medium where under-18s could not be entirely excluded from the audience”. It continued: “CAP guidance stated that sportspeople involved in clearly adult-oriented sports who were ‘notable’ stars with significant social media and general profiles which made them well-known to under-18s were considered moderate risk in terms of how likely they were to be of strong appeal to under-18s. “We also considered that Jake Paul would primarily be known for making YouTube videos and that he had a large social media following. We acknowledged that he had within the last few years turned to boxing. “However, because of his career on YouTube, we considered that he had a high profile within the sport and was well known outside of the sport and social media.” Although they noted Paul had no followers aged under 18 on Twitter, where the ad was located, the ASA concluded the content creator was still of “inherent strong appeal” to under-18s because “such large numbers” of his followers were in that demographic. They also mentioned Paul’s appearance on the Disney Channel series Bizaardvark between 2016 and 2018 about two teenagers, with the target audience for the show likely to be “around the same age”. As such, they found Paul still had a “strong appeal” to under-18s and that Ladbroke’s advert was “irresponsible”. Not the first time Paul and “irresponsible” have appeared in the same sentence, to be honest… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-05 07:29
Popular Taiwan Mayor Stumbles in Bid to Lead in US-China Hotspot
Popular Taiwan Mayor Stumbles in Bid to Lead in US-China Hotspot
At a talk with university students last month, Taiwan opposition candidate Hou Yu-ih was pushed to define a
2023-07-21 08:27
Marcos Says Not Looking For Trouble, to Defend Territory
Marcos Says Not Looking For Trouble, to Defend Territory
The Philippines will continue to defend its maritime territory and the rights of Filipino fisherfolk, President Ferdinand Marcos
2023-09-29 16:58
China Gloom Fuels One of Worst Weeks of Year in Global Credit
China Gloom Fuels One of Worst Weeks of Year in Global Credit
Corporate bonds globally are on track for one of their worst weeks this year, hit by China’s escalating
2023-08-18 13:57