After discrimination charges, Facebook making big changes to its ad system
Post Reports
The Washington Post
4.4 • 5.1K Ratings
🗓️ 19 March 2019
⏱️ 23 minutes
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| 0:00.0 | Hey, it's Martine. We want to thank you, our Post Reports listeners, by offering you a special |
| 0:05.9 | 50% discount on a digital subscription to the Washington Post. Enjoy unlimited access to our |
| 0:11.7 | website and apps for less than a dollar a week. Sign up at postreports.com slash offer. Thanks for |
| 0:18.7 | listening. |
| 0:22.8 | From the newsroom of the Washington Post. |
| 0:30.0 | How are you? How are you? Hi, it's Robert. Give on at the Washington Post. |
| 0:34.0 | This is Post Reports. I'm Martine Powers. |
| 0:39.2 | It's Tuesday, March 19th. |
| 0:42.8 | Today, Facebook agrees to overhaul its policies on targeted ads, |
| 0:47.4 | couples separated indefinitely by the travel bin, and a ceremonial dance in Christchurch. |
| 0:53.3 | So Facebook has like one of the most lucrative ad platforms in the history of the world. |
| 1:05.6 | Tracy Jan covers Reese in the Economy for the Post, and she's been reporting on all the ways |
| 1:10.7 | that Facebook has built such a massive advertising system. In this video, we want to show you why |
| 1:15.9 | you see ads on Facebook, and what information advertisers can use when they're planning their ad campaigns. |
| 1:21.6 | There's a video posted by Facebook from way back in 2010 explaining how its ad targeting systems |
| 1:27.2 | work. And it's because they have so much data about you. They know what you like, who you like. |
| 1:33.4 | They can know if you are interested in camping, or if you're English as a second language speaker. |
| 1:39.0 | You get started in our online advertising system. The first step in creating the ad is the design. |
| 1:45.2 | So for the longest time, this obviously is a very valuable treasure trove for advertisers, |
| 1:51.0 | and they marketed themselves that way. Advertisers can literally go on and check a bunch of boxes on |
| 1:57.2 | who they want to include, as well as who they want to exclude. You'll select which users you want to see |
| 2:03.4 | the ad, and you can choose some basic demographic information like age and gender. |
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