Thursday, May 12, 2016

Google to ban payday loan advertisements - The Washington Post

Socially responsible

"The decision is the first time Google has announced a global ban on ads for a broad category of financial products. To this point, the search giant has prohibited ads for largely illicit activities such as selling guns, explosives and drugs, and limited those that are sexually explicit or graphic in nature, for example. Critics of payday lenders say they hope the move by Google and other tech companies might undercut the business which finds huge numbers of willing customers on the internet.

The move also shows the willingness of big tech companies to weigh in on critical policy issues -- and exert their power as the gateways for the internet. Facebook also does not display ads for payday loans. But others, such as Yahoo, still do."
Google to ban payday loan advertisements - The Washington Post
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