Facebook will temporarily disable a tool that lets advertisers exclude people of color

 Facebook has been under fire for its practices and policies that enable advertisers to exclude “multicultural affinity” groups from the audiences they reach via the social network. Now, in light of a ProPublica investigation and pressure from the Congressional Black Caucus, Facebook says it’s committed to taking a closer look at its advertising policies. Read More

from Social – TechCrunch https://techcrunch.com/2017/11/30/facebook-will-temporarily-disable-a-tool-that-lets-advertisers-exclude-people-of-color/?ncid=rss
via Superb Summers

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Farmers Business Network just raked in a whopping $110 million in Series D funding

 Farmers Business Network has raised $110 million in new venture funding to support a business that may sound boring to some Silicon Valley technologists but which appears to have addressed a very real need: it’s a social network for farmers that invites them to share their data, pool their know-how, and bargain more effectively for better pricing from third parties.
It’s a real… Read More

from Social – TechCrunch https://techcrunch.com/2017/11/30/farmers-business-network-just-raked-in-a-whopping-110-million-in-series-d-funding/?ncid=rss
via Superb Summers

There are now 25M active business profiles on Instagram

 Instagram announced this morning that it now has 25 million active business profiles, up from 15 million in July. The company throws out a lot of different statistics (back in September it said it had 800 million monthly active users, 500 million daily active users and 2 million advertisers), but this one’s significant as a measure of how many businesses see Instagram as an important way… Read More

from Social – TechCrunch https://techcrunch.com/2017/11/30/instagram-25-million-business-profiles/?ncid=rss
via Superb Summers