New York Times: Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People

New York Times: Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People. “A network of political action committees, nonprofits and consulting firms funded by FTX or its executives worked to court politicians, regulators and others in the policy orbit, with the goal of making Mr. Bankman-Fried the authoritative voice of crypto, while also shaping regulation for the industry and other causes, according to interviews, email exchanges and an encrypted group chat viewed by The New York Times.”

Engadget: Your favorite podcast might be making thousands for inviting guests

Engadget: Your favorite podcast might be making thousands for inviting guests. “Bloomberg has learned that podcast guests are routinely paying big money to appear on popular podcasts. Guestio, a marketplace for these deals, has seen huge transactions in the past six months. Four podcasters made $20,000 from charging for appearances, while one made $50,000. The most profitable show, Entrepreneurs on Fire, regularly charges $3,500 for guest spots and has sometimes taken a cut of product sales.”

The Verge: The Rise Of The TikTok Tour Guide

The Verge: The Rise Of The TikTok Tour Guide. “TikTok tour guides like [Jack] Gillespie now seem to exist in every major city, introducing viewers to trendy new shops and restaurants, often in a minute or less. You can get recommendations for soju margaritas in Manhattan, crystal shops in Los Angeles, or burgers in Boston. These accounts can be great ways to learn about new locations and a boon for local businesses that suddenly see lines out the door. But they also come with hidden limitations, with influencers gravitating toward newer, hipper businesses — and often ones that are willing to compensate them for the chance to go viral.”

Wired: A Brief History of Instagram’s Trouble With ‘Weight-Loss Tea’

Wired: A Brief History of Instagram’s Trouble With ‘Weight-Loss Tea’. “Do you want a lithe, toned body that absolutely does not take multiple photo-editing apps to achieve? Do you want to be a person whose hair and makeup look red-carpet-ready immediately after leaving the gym? Do you want to eat only photogenic smoothie bowls and be utterly unfazed by the fact that they are cold yogurt soup? Try this tea! The 30-Day Detox Starter Pack is now only $85—just use my promo code below. Oh, by the way: #ad.”

Washington Post: Article or ad? Teen Vogue removes glowing Facebook story without explanation.

Washington Post: Article or ad? Teen Vogue removes glowing Facebook story without explanation.. “The laudatory article carried a lofty headline, praising Facebook for fighting misinformation ahead of the 2020 presidential election. One of the tech giant’s executives, Chief Operating Officer Sheryl Sandberg, liked it so much, she posted it to her own page, calling it ‘great.’ But the ‘article,’ published online Wednesday by Teen Vogue, appeared without a byline and read more like a 2,000-word news release than a piece of journalism, prompting some to ask whether Facebook had paid to place it.”

New York Times: Top Cancer Researcher Fails to Disclose Corporate Financial Ties in Major Research Journals

New York Times: Top Cancer Researcher Fails to Disclose Corporate Financial Ties in Major Research Journals. “One of the world’s top breast cancer doctors failed to disclose millions of dollars in payments from drug and health care companies in recent years, omitting his financial ties from dozens of research articles in prestigious publications like The New England Journal of Medicine and The Lancet.”

BuzzFeed: Inside The Ecosystem That Fuels Amazon’s Fake Review Problem

BuzzFeed: Inside The Ecosystem That Fuels Amazon’s Fake Review Problem . “One morning in late January, Jake picked up the box on his desk, tore through the packing tape, unearthed the iPhone case inside, snapped a picture, and uploaded it to an Amazon review he’d been writing. The review included a sentence about the case’s sleek design and cool, clear volume buttons. He finished off the blurb with a glowing title (‘The perfect case!!’) and rated the product a perfect five stars. Click. Submitted. Jake never tried the case. He doesn’t even have an iPhone.”

National Law Journal: FTC’s First Action Against a Social Media ‘Influencer’ Might Not Be Last

National Law Journal: FTC’s First Action Against a Social Media ‘Influencer’ Might Not Be Last. “This week, the FTC brought its first enforcement action against an influencer—and took the opportunity to issue new guidance for disclosing the business relationships behind promotional social media posts. The FTC targeted Trevor ‘TmarTn’ Martin and Thomas ‘Syndicate’ Cassell, co-owners of the online gambling service CSGO Lotto, who allegedly endorsed the company without disclosing their joint ownership of it. According to the FTC, Martin and Cassell enjoy wide followings in the online gaming community and paid other well-known influencers thousands of dollars to promote their online gambling service on YouTube, Twitter and Facebook without requiring them to disclose the business deals behind the posts.”

CNBC: Google has been paying academic researchers who write favorable papers, report says

? From CNBC: Google has been paying academic researchers who write favorable papers, report says. “Google has paid researchers and academics who have worked on projects that support the company’s positions in battles with regulators, a report in The Wall Street Journal said on Tuesday. Google’s practice might not sound all that different from lobbying, but The Wall Street Journal revealed that some of the professors, including a Paul Heald from the University of Illinois, didn’t disclose Google’s payments.”

Vox: Too many studies have hidden conflicts of interest. A new tool makes it easier to see them.

Vox: Too many studies have hidden conflicts of interest. A new tool makes it easier to see them.. “PubMed — a powerful taxpayer-funded search engine for medical study abstracts that doctors, patients, and the media rely on — just started displaying conflict of interest data up front. New information about funding sources and potential conflicts will now appear right below study abstracts, which means readers don’t have even to open a journal article to be made aware of any possible industry influence over studies.”

WWD: The Federal Trade Commission to Scrutinize Media Companies

WWD: The Federal Trade Commission to Scrutinize Media Companies. “Sponsored content: It has become the lifeblood of media companies looking to bolster anemic print and digital revenue streams. But just as bloggers came under federal government regulations to ensure that consumers knew when these e-correspondents were being paid to write about a brand or product, now WWD has learned that the concept of sponsored content has caught the attention of the Federal Trade Commission.”

BuzzFeed: Frustrated Snap Social Influencers Leaving For Rival Platforms

BuzzFeed: Frustrated Snap Social Influencers Leaving For Rival Platforms. “During a November 2014 trip to Los Angeles, Boston-based Snapchat ‘creator’ Mike Platco stopped by Snap’s Venice, California, offices to say hello. At the time Platco had amassed a sizable audience of followers — large enough that he was preparing to leave his day job to create content for Snapchat full-time. He figured a casual visit to Snap HQ, while perhaps unexpected, wasn’t untoward given his profile on the platform. But after trading messages with a few Snap employees, Platco was turned away at the door. There would be no visit.”