Tech regulation in Europe will only get tougher

European governments have been bringing the hammer down on tech in recent months, slapping record fines and stiff regulations on the largest imports out of Silicon Valley. Despite pleas from the world’s leading companies and Europe’s eroding trust in government, European citizens’ staunch support for regulation of new technologies points to an operating environment that […]

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Slowdown or not, China’s luxury goods still seeing high-end growth

Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary […]

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U.S. users are leaving Facebook, new study shows

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Facebook’s bleeding users by the millions in the United States, a new study by Edison Research claims

The silver lining, though? Most of those users are switching to Facebook-owned Instagram. 

Edison Research’s new “The Infinite Dial” study, which looks at digital media consumer behavior in America, has concluded that Facebook now has about 15 million users fewer in the U.S. than it had in 2017. 

This might not be visible in Facebook’s quarterly earnings reports, which have shown tremendous growth in that period. In January, Facebook reported it had 2.32 billion monthly active users, a 9% increase year-over-year. But those are global numbers, and Edison Research’s study looks only at users in the U.S., as explained by Edison president Larry Rosin in an interview with Marketplace. Rosin also says that their definition of “usage” may be different than Facebook’s.  Read more…

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Not shocking study says senior citizens share more fake news

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The only people left on Facebook are the people who are worst at using it.

A new study from Princeton and New York University delves into how much people share fake news online, and who’s doing the sharing. It largely confirms what some previous studies have indicated, and what you might have already suspected: the people who share the most fake news are your grandparents.

More specifically, the largest determinant to sharing a fake news article was being over the age of 65 — regardless of political orientation.  Read more…

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New study finds female-led films perform better at box office. Your move, Hollywood.

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Movie audiences love women. 

According to a study by Creative Arts Agency and shift7, films with women in leading roles earn more than their male counterparts at the box office, a finding which should lead to a major paradigm shift in show business.

“The perception that it’s not good business to have female leads is not true,” CAA agent Christy Haubegger told The New York Times. “They’re a marketing asset.”

CAA and shift7 examined 350 top box office films from 2014 to 2017, defining “lead actor” as the first performer credited in official press materials (also of note: most of these films passed the Bechdel test). 105 of these were women. In every category broken down by budget, films with women in the lead outperformed those starring men.  Read more…

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Pew: A majority of U.S. teens are bullied online

A majority of U.S. teens have been subject to online abuse, according to a new study from Pew Research Center, out this morning. Specifically, that means they’ve experienced at least one of a half-dozen types of online cyberbullying, including name-calling, being subject to false rumors, receiving explicit images they didn’t ask for, having explicit images […]

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Facebook is finally making progress against fake news

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It looks like Facebook’s actions to stop the spread of fake news might actually be working.

A new study titled “Trends in the Diffusion of Misinformation on Social Media” from researchers at Stanford University and New York University have discovered that Facebook engagement — shares, likes, and comments from users interacting with articles on the platform — dramatically dropped 50 percent between the 2016 election and July 2018.

Researchers Hunt Allcott, Matthew Gentzkow, and Chuan Yu used data from over 570 sites classified as fake news from sources such as Poltifact, FactCheck, and Buzzfeed. Using data compiled by BuzzSumo, a marketing analytics firm that tracks “user interactions with internet content on Facebook, Twitter, and other social media platforms,” the researchers discovered that the Facebook engagement of all the sites combined sat at 70 million as of this July. That’s a huge drop from its height in 2016 when the sites had totaled 200 million monthly engagements.  Read more…

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Americans say social media is destroying the news — but nobody knows what to do about it

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Social media truly is bringing Americans together… in our frustration over social media giants. 

Americans are fed up with the role that big tech companies now play in the news media, according to a new study from the Knight Foundation and Gallup. 

Maybe worse — we’re enormously conflicted on what to do about that.

On Tuesday, the Knight Foundation and Gallup published a sweeping study about the public’s perception of the media — including tech companies — and its role in politics and society. 

Entitled “American Views: Trust, Media and Democracy,” the study surveyed 19,196 Americans over the age of 18 about their news consumption habits, the extent that they believe the media is important to a democracy, whether they believe the media is succeeding in informing the public, how the proliferation of online news sources is contributing to their consumption of current events, the extent of the problem of fake news, and more.  Read more…

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