A brokerage app hired an army of 1,700 influencers and misled investors on social media, regulators say
Regulators are taking aim at misleading investing advice on social media: Brokerage app M1 Finance just got fined $850,000 for hiring an army of influencers that advertised false claims about the company. FINRA, a government-sponsored nonprofit overseen by the SEC that regulates the public…#m1finance #finra #billstlouis #welcomeguide #tiktok #gilolivera #m1finances #genzers (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news

Overheard at the Half-Marathon: ‘Wait, Was That Lil Nas X?’
Ahead of one of its signature events, New York Road Runners fielded an unusual email request on Friday night. The rapper and singer Lil Nas X, who was visiting New York from Los Angeles, had seen some advertisements for the United Airlines NYC Half, a 13.1-mile race that was set to be staged on…#newyorkroadrunners #lilnasx #robsimmelkjaer #newyorkcitymarathon #coach (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news

JD Sports ad showing motorcyclists in Nike trainers criticised
The advertising watchdog has received more than 40 complaints about the ad for Nike Air Max 95s, which also features stunts such as wheelies. One Facebook user wrote: "This is disgusting!! Nike JD Sports you need to take this down. So many youngsters think it's ok to ride in trainers and tech…#nikeairmax95s #nikejdsports #jdsports #paulmorgan #tonycampbell (Source: Reuters: Health)
Source: Reuters: Health - March 19, 2024 Category: Consumer Health News Source Type: news

IBM Wants to Weed Out Falsely Advertised AI Tools
IBM wants to instill some confidence in AI systems. The company seeks to patent a way to measure “artificial intelligence trustworthiness” based on the front-end user experience. IBM’s system aims to help AI companies and services identify where they can be more transparent about their outputs. As…#ibm #playerx #bentleyuniversity #gallup #artiraman #openai #google (Source: Reuters: Health)
Source: Reuters: Health - March 18, 2024 Category: Consumer Health News Source Type: news

Meta Faces Investigation Over Illicit Drug Sales
As the tagline for The Social Network put it: “You don’t get to 300 million friends without making a few enemies.” Likewise, you can’t operate a $130 billion advertising business without a few enemies of the state buying up ads. US prosecutors have begun investigating Meta for the role it plays in…#socialnetwork #meta #fda #section230 #virginia #wsj #wegovyandozempic #facebookandinstagram #google #dailyupside (Source: Reuters: Health)
Source: Reuters: Health - March 17, 2024 Category: Consumer Health News Source Type: news