Facebook report shows backers of USA political ads

Facebook report shows backers of USA political ads

Facebook report shows backers of USA political ads

The Democratic challenger to incumbent Sen.

The top spender-since May and in the last week-is Beto for Texas, the campaign for Beto O'Rourke's Senate run.

In contrast, Cruz has raised approximately $30 million since early 2017 according to FEC filings.

The second biggest spender, paying $3.1 million for 50,148 ads, was the Trump Make America Great Again Committee, according to the report.

Facebook has made its Ad Archive feature a little more comprehensive to help citizens understand which political party is spending more on ads on the social network.

Hedge fund billionaire and political activist Tom Steyer spent $1.7 million on Facebook to promote his Need to Impeach campaign, seeking Trump's ouster.

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ExxonMobil has spent more than United States dollars 2.1 million since May for ads that have promoted offshore drilling. ExxonMobil has promoted a campaign supporting offshore drilling and urged a "no" vote on a Colorado ballot measure that would limit fracking.

Facebook tells me these videos will make it easier for people to learn about and compare different candidates. The company spent $12.5 on ads related to politics and issues of national importance.

The first tranche of figures show that Beto O'Rourke, Democratic representative for the state of Texas, spend $5.3m purchasing 6,000 ads over the same time period; the largest spend of any single candidate.

The social media giant has been working vigorously to restore a reputation heavily tarnished by the 2016 presidential election, where it was blamed for the spread of fake news and for allowing millions of users' data to be harvested for political purposes by Cambridge Analytical.

The report demonstrated that barely short of $256.4 million was spent on nearly 1.7 million politically-oriented advertisements reported since May of the present year.

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