Meta extends ban on new political ads past Election Day
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Meta has extended its ban on new political ads on Facebook and Instagram beyond Election Day in the U.S. The company has not specified when the restriction will be lifted, only stating it will continue until later this week.
November 05, 2024 | 12:30 pm
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NEUTRAL IMPACT
Meta has extended its ban on new political ads on Facebook and Instagram beyond Election Day, impacting its advertising revenue in the short term.
The extension of the political ad ban could impact Meta's advertising revenue, as political ads are a significant source of income during election periods. However, the short-term nature of the ban and the lack of a specific end date make the overall impact on stock price neutral.
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IMPORTANCE 70
RELEVANCE 100