Friday, November 29, 2024

Which Social Network Dominates Digital Ad Spend in 2024?

Meta’s Facebook and Instagram are benefiting from their millions of users who spend a lot of daily time on the platforms by exposing them to ads. Meta is also incorporating AI on its platforms to increase the ad targeting. Meta made nearly $75 billion (from Instagram and Facebook) in ad spends in the first half of 2024 just in the United States. This ad spending on Meta platforms is also seen in other countries too.

Based on the data from Sensor Tower, these are the companies with most shares of digital ad spends. Facebook is the top in terms of shares of digital ad spends, making 36.3% share of total ad spend with value of $42.5 billion. Instagram comes second with a value of $32.2 billion and 27.5% share of total ad spend.

Google's YouTube had 15.5% ad share in H1 of 2024, while TikTok had 9.5% share. YouTube is third with a huge margin with the top two and this shows that ad formatting on YouTube is less targeted. With $11.1 billion spent on TikTok, its ad spend has grown 19% annually. Other platforms in the top with the most share of digital ad spend are LinkedIn (4.8%), Snapchat (3.0%), Pinterest (2.7%) and X aka Twitter (0.8%). Digital marketers spent $900 million ad spend on X, which is a 23% decrease from last year.
Which platform has the highest digital ad spend?
Platform Share of Digital Ad Spend H1 2024 Value
Facebook 36.30% $42.5B
Instagram 27.50% $32.2B
YouTube 15.50% $18.1B
TikTok 9.50% $11.1B
LinkedIn 4.80% $5.6B
Snapchat 3.00% $3.5B
Pinterest 2.70% $3.2B
X (formerly Twitter) 0.80% $0.9B
Total $117.00

Read next: Survey Highlights Backup Gaps and Cyber Security Risks Amid Growing Data Reliance
by Arooj Ahmed via Digital Information World

Survey Highlights Backup Gaps and Cyber Security Risks Amid Growing Data Reliance

A recent data backup survey of 1,000 U.S. nationals conducted by HandyRecoveryAdvisor has revealed alarming gaps in data protection practices and the lack of backups in general as the top data loss reason.

The results of the survey, which launched on the PollFish platform on October 29, 2024, come as global data creation reaches unprecedented levels, with worldwide data consumption expected to hit 149 zettabytes in 2024 and projections showing a surge to 394 zettabytes by 2028.

"The volume of storage devices has surged dramatically. From car video recorders to large data centers, the increase in storage equipment reflects growing data needs," explains Andrey Vasilyev, COO of ACE Data Recovery Service. "As more businesses and individuals generate and store large volumes of data, the likelihood of data loss due to hardware failure, human error, or cyber incidents increases."

Yet, despite users generating and consuming more data than ever before, only 33% regularly backup their digital assets, and 22% don't backup their data at all. The rest create backups just a few times a year (27%), or they do it once in a long time (18%).

Interestingly, Mac users (41%) and iOS users (36%) backup their data on a regular basis slightly more than their Windows (32%) and Android (34%) counterparts. It would be natural to assume that this disparity stems from Apple's Time Machine and iCloud being more user friendly than File History and OneDrive, their counterparts from Microsoft. However, paradoxically, more Mac users report difficulties with the backup process (45%) than Windows users (32%).

In fact, the convenience of personal cloud storage solutions like iCloud, OneDrive, or Dropbox has made them the preferred data storage location for 55% of users. Unfortunately, there's a widespread misconception about cloud storage security: 63% of respondents believe that syncing their data with cloud storage constitutes a complete backup solution.

As a result, half of the users maintain no physical backups of their cloud-stored data—a dangerous practice in an era of increasing cyber threats. For example, there have been many ransomware campaigns targeting cloud storage services recently, including the DoubleDrive attack, which exploits Microsoft OneDrive, and numerous phishing scams targeting iCloud and other cloud storage users.

These and other attacks can lead to permanent data loss when cybercriminals encrypt or delete cloud-stored files, while the absence of physical backups makes it more difficult and sometimes even impossible for users to recover their lost information, which is probably why 68% of those who experienced data loss now regularly backup their files—a hard lesson to learn, indeed.

The remaining 32% who experienced data loss but still don't perform regular backups are playing with fire as data loss can strike at any moment. The survey revealed that accidental deletion and lack of backup were the most common reasons at 34%, followed by device failure and hardware malfunction at 30%. Physical damage accounts for 11% of cases, while power outages during file editing and malware attacks each contribute to about 8% of data loss incidents.

While some forms of data loss, particularly those caused by user error like accidental deletions, can often be recovered using specialized software tools, other types of data loss scenarios present much bigger challenges. Physical damage to storage devices, for instance, frequently requires professional data recovery services that can cost thousands of dollars, with no guarantee of success. Similarly, ransomware attacks or severe hardware failures might render data completely unrecoverable without proper backups.

The most popular backup option for those who regularly protect their data are USB flash drives (33%), followed by traditional spinning hard drives (32%), SD cards (20%), and solid-state drives (15%). Together, these physical storage devices are the go-to backup choice for almost 60% of respondents, while the cloud is the preferred option for just 42%.

The ongoing dominance of physical storage devices as backup locations has a lot to do with the fact that 37% of users prefer to save sensitive information locally instead of uploading it to a remote server, but the fact that many use it as their primary and only storage location certainly also comes into play.

While external physical storage devices are readily available and generally reliable enough for regular backups, they can be easily stolen or lost. When that happens, unencrypted drives become a significant security liability, yet the survey found that 62% of users still choose not to encrypt their external storage devices. It's possible that users are concerned about losing access to their data if encryption passwords are forgotten or keys become corrupted.

The good news is that the growing storage capacities of all physical storage devices allow users to backup everything without being selective, and 48% of respondents take advantage of this by backing up all their data regardless of sensitivity.

When users do prioritize certain data, some interesting prioritization patterns can be observed. Financial records lead the pack with 21% of respondents marking them as their top priority, followed closely by passwords and login credentials at 19%. Legal documents rank third at 18%, while medical records and personal photos garner 17% and 15%, respectively. Surprisingly, work-related documents receive the least attention at just 9%, and 3% of respondents believe none of their data requires special protection.

The findings of this survey should serve as a wake-up call for both individual users and organizations. While modern technology offers many convenient storage solutions, from cloud services to physical devices, the key to effective data protection lies in implementing a comprehensive backup strategy that includes multiple storage methods spread across multiple geographic locations to achieve complete protection against hardware failures, natural disasters, cyber attacks, human error, and other causes of data loss.







Read next: How Do Influencers Decide What’s Credible? The Answers Will Surprise You!
by Irfan Ahmad via Digital Information World

Australia Becomes First Nation To Stop Children From Using Social Media With Landmark Law

The Australian Government has done what no other nation was able to do and that includes restricting children from using social media.

The country passed the law that was first drafted after the country’s Labor PM stated there was a clear link between poor mental health in the Australian youth and the rise of social media usage. The Senate passed the bill with 34 votes to 19. This means those below the age of 16 cannot use social media apps.

Now, some politicians feel that such a ban could actually have a reverse effect. It might lead teens to resort to the dark web or even make them feel like they have no one to turn to, increasing issues such as isolation.

Other advocates think the matter was too rushed and if anyone was asked to prove age, it would lead to social media firms being given valuable personal data. This is also where Elon Musk stepped in to have his say.

The bill bans all apps from giving access to those below 16. This threatened firms with fines of more than $30M USD if they didn’t comply with the law passed. But there are similarly no details on how this entire ordeal will work. Only companies would be expected to take reasonable measures to ensure users are 16 and above.

More details will arise later but there is also much tech talk that gives apps age assurance. It’s also important to note how the bill will come into play only after a year. Moreover, the bill also does not specify which firms would need to comply. As per the communications minister, many leading tech giants like Facebook, X, Instagram, and Snap would be a part of the banned list. Also, YouTube won’t be included because it offers plenty of educational benefits.

The number of replies on this matter has given rise to numerous social media debates and discussions seen mainly on X. As per him, it was a backdoor means to gain access to the web by Australians. But this isn’t the first time that Musk clashed with the country’s government. We saw in the past how Musk was ordered to get rid of graphic content and put an end to the great number of lies spread across social media apps.

Image: DIW-Aigen

Read next: How Do Influencers Decide What’s Credible? The Answers Will Surprise You!
by Dr. Hura Anwar via Digital Information World

Thursday, November 28, 2024

How Do Influencers Decide What’s Credible? The Answers Will Surprise You!

According to a new report by UNESCO, 62% of content creators on different digital platforms do not fact-check news before talking about it. The report talked about practices and motivation among content creators and what challenges they are facing in the world of digital media. It was based on 500 influencers from 45 countries and covered major things about content creators. Among other things, it was also revealed that content creators do not verify facts and information before sharing it with their audiences.

33.5% of the content creators said that they share the information if they trust the source or original platform it was posted on, while 15.8% said if they find a news or information entertaining, they share it without checking its accuracy. However, there were also influencers (36.9%) who said that they check the authenticity of the source or information before sharing it with their audiences.

UNESCO: Majority of Influencers Neglect Fact-Checking, Rely on Views and Likes for Credibility

The survey showed that even if some influencers may find it important to fact check information, some of them do not care about the accuracy of something they are sharing online. Those who were surveyed were also asked how they check the credibility of online sources. A majority (41.7%) said that they check the number of likes and views of the content to evaluate if it is credible or not. 20.6% said they trust the information of it is shared by their friend or an expert, while 19.4% said they evaluate the credibility of the information by the reputation of author/publisher.

The report by UNESCO also found that 59% of influencers are unaware of any global standards or frameworks when it comes to digital communication. Even though 56.4% said that they know about some training programs, only 13.9% said that they enrolled in them. This shows that many content creators and influencers are not aware of legal and regulatory conditions of digital communication in different countries.

Read next:

• From Facebook to Pinterest: How Social Networks are Handling External Links and Traffic Shifts

• Why Is Online Fraud Soaring? Are Social Media Apps the Real Culprits Behind the Surge?
by Arooj Ahmed via Digital Information World

From Facebook to Pinterest: How Social Networks are Handling External Links and Traffic Shifts

There have been a lot of talks about external links on social media apps that take users to other apps and websites. This also reduces engagement on the main app where the link was originally posted. Many social media platforms are now imposing penalties on external links and this reduces the traffic on other social media apps which were using other sources to drive traffic to their apps. So, where do different social networks stand when it comes to external links?

Facebook doesn’t say anything about penalizing external links on the app, but it is prominent that the reach of external links have been significantly reduced on the platform. According to data by Facebook, 95% posts that appear on user feeds do not have any external links and this percentage keeps on increasing. This means that Facebook is just reducing relevance of external links instead of doing anything to their reach. Another reason is that there has been a huge decrease among video/news content on Facebook which has contributed to reducing external links.

Instagram, on the other hand, has never let users post links in captions so it was never a good platform to drive traffic to other websites. Users can post links in stories but they can only reach specific audiences or the followers. Instagram isn’t actively restricting external links because it doesn’t have a reason to do so. Threads is also not restricting external links, as opposed to what many users might think. Adam Mosseri says that Instagram and Threads are not penalizing external links and if some users think that Threads is limiting the reach of posts, it is mostly because of user behavior.

X is also not penalizing or limiting the reach of posts that have external links. It is all because of user behavior and algorithm, based on what type of content users prefer on the platform. X says that they however want people to write their thoughts directly on the app instead of posting links.

Reddit is typically more open to external links but is very community-driven forum. Links in posts are allowed but may be downvoted if users feel they’re spammy or irrelevant, which can limit their reach. Subreddit rules vary, so some may restrict links or penalize low-quality content.

Just like Instagram, TikTok also cannot support links in comments or posts so that means it doesn’t have to limit the reach of posts with external links.
Snapchat also doesn’t have any room for external links but it has a policy of restricting some links to other apps. Users can still post links on Snapchat stories without any limitations of reach.

LinkedIn also doesn’t have any policies about external links but it has made a change in link-thumbnail sizes on the posts. If a company is willing to pay LinkedIn for promotion, LinkedIn shows that link in bigger size. If there is no promotion, the link size is small and not prominent.

Pinterest allows external links but may limit the reach of pins depending on factors like engagement, user behavior, and whether the pin is part of a promoted campaign or group. It has a unique focus on traffic generation, often encouraging users to share links, but the platform still has its own limitations on organic reach for unpaid content.

All in all, there is no social media platform that is restricting or penalizing posts with external links yet. However, most of them are not very suitable for link posting. In contrast, some users still see BlueSky as the best platform for posting links.

Image: DIW-Aigen

Here’s a breakdown of where major social platforms stand on external links and how they affect reach.

Platform External Link Policy Details
Facebook Penalizes link posts indirectly Link posts are less common, reducing referral traffic due to AI content and Page updates.
Instagram No direct penalty Links can’t be posted in captions; Stories have limited reach (followers only).
Threads No penalty for links No active restrictions; reach limitations are driven by user behavior.
X Penalizes link posts Links have reduced reach due to algorithmic updates and user behavior.
TikTok No penalty for links No links in descriptions/comments, but profile bio links are unrestricted (except for eCommerce sites).
Snapchat No penalty for promoted links Links in Stories have no penalty; restrictions on non-browser-loading pages and other social apps.
LinkedIn Reduced reach for link posts Smaller link previews unless promoted; organic reach is lower for unpaid link posts.
Bluesky Supports external links Actively supports external links as a key element of the platform.
Pinterest Allows links but limits reach Links are allowed, but reach may be limited depending on engagement and whether posts are promoted.
Reddit Allows links but with restrictions Links are allowed but may be downvoted or restricted by subreddit rules or user behavior.

Read next: Why Teens Fear the Streets: The Dark Side of Social Media Revealed!
by Arooj Ahmed via Digital Information World

Microsoft Clarifies The Air By Confirming It Does Not Use Word and Excel Data For AI Training

Software giant Microsoft is telling the world that it does not use data from Word or Excel for training any AI models.

The news comes after the firm’s Connected Experiences which comprehends user data from Word and Excel came under fire when it was set as a default setting. Many felt this might be the tech giant’s way of snooping on data for the purpose of AI training.

Microsoft Office was called out for its sneaky behavior by one user who goes by the name nixCraft. This is where the company was slammed for turning on the opt-out offer that scrapes user data from both Excel and Word. Any material extracted would be used for training, the user added.

The post which was published on X shared further how users need to manually uncheck it if they wish to opt out. If it’s a writer who makes use of MS Word quite often for various tasks like blogs and novels, you might wish to switch it off. This is because your work will no longer be protected with copyrights as Microsoft has full access to it, the user added.

The news and accusations were certainly alarming which forced Microsoft to step in and clear the air. It confirmed that none of its Microsoft 365 apps use client data for training large language models. It also shared how such settings only enable those offerings that need internet access like when you want to co-author documents.

At the year’s start, we saw how LinkedIn came under fire for similar types of scrutiny related to toggling on features that enable firms to scrape user data for the sake of training AI systems. We also know about how the UK’s Commissioner’s Office stopped the platform from engaging in that. What is interesting is how the platform still scrapes data belonging to US users by its default settings. Users have the choice to disable this by going to Settings and then Data Privacy and then pressing on the tab for Generative AI Improvement to restrict it.

Image: DIW-Aigen

Read next: TikTok Rolls Out New Rules For Beauty Filters To Better Protect Young Users
by Dr. Hura Anwar via Digital Information World

TikTok Rolls Out New Rules For Beauty Filters To Better Protect Young Users

In the past, we’ve seen countries like the UK roll out new measures to ensure young users remain safe from the harms of beauty filters. Now, social media giant TikTok is rolling out its own rules to better protect minors online.

According to the latest report from The Guardian, the app will enforce new restrictions on using beauty filters. Anyone between the ages of 13 and 18 will no longer be allowed to change their looks with such features. This includes plumping up lips, changing skin color, and making their eyes bigger.

Similarly, any feature famous on the app for modifying users’ appearance will now be restricted. So does this mean young users can no longer play around and have fun on the platform? Not exactly as TikTok just made it so clear that fun features like dog noses and bunny ears are still up for grabs and pose no harm.

The changes discussed above were shared during a recent safety forum in Ireland. The government shared how it’s implementing the Online Safety Bill, which forces social media apps to highlight new changes to keep kids safe from harm and also ward them away from harmful material like those that market unrealistic standards linked to beauty.

The EU’s DSA from 2022 shared comparable limitations. It emphasized the need for apps to better their transparency linked to algorithms and also gave them more control over their material. Such measures lead to more awareness in the public about using filters and the impact they pose on users.

But that is not all. The social media giant is also ensuring those below the 13-year age bracket won’t get access to the app in the UK. The platform will employ the best tech to prevent anyone from trying to bypass such age restrictions.

As per the head of the app’s child safety policies, TikTok wants to detect and remove users at a fast pace who don’t meet the age eligibility requirements.

Anyone blocked wrongly can also appeal if they feel they were treated unfairly, the app continued. As per TikTok, the latest rules are not only for those in the UK and the EU. it’s coming globally to everyone in the next couple of weeks so stay tuned.

In another news TikTok claims that "over 175m people across Europe now come to TikTok every month".

Image: DIW-Aigen

Read next: Here’s How Much the Average Shopper Will Spend This Black Friday
by Dr. Hura Anwar via Digital Information World