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Instagram: A Celebrity-infested New Media Platform, Privacy, Business Tax Dodge & Breathtaking Photography.

Instagram is arguably one of the hottest new media sites out there. From everyday people to celebrities, the social media giant has come to attract over 800 million users globally. So it goes without saying, that from a business perspective, it presents a huge platform for its most famous users. With this open platform comes with huge business opportunities and therein lies the privacy concerns of users' images/photographs. The resulting lack of disclosure of earnings by these users from the site invites Uncle Sam knocking. It's an interesting interplay of a social media site that boasts the best photography anywhere and what has caught the attention of the IRS to rein in those dodging their tax obligations.
This blog will cover a research project under the framework of Social Networking: A Purposeful Loss of Privacy bringing this to light. 

Comments

  1. Instagram much like any other social media platform can be just another milestone for another platform. As technology continues to evolve the more the word privacy in every sense of the word becomes fluid. The age range for social media runs from early teen to late twenties. Arguably teenagers are more impressionable vs individuals in their twenties; more likely to upload harmful digital information.

    ReplyDelete
    Replies
    1. Hoque, that problem is an essential part of another of my postings. Teens have so much to loose with Social Media use and that includes putting them out of job markets altogether! It is dangerous what they can unintentionally do to themselves!

      Delete
  2. So interesting because I am talking of a similar topic. It is amazing actually about how much of the things we post are seen by people that we don't know on an even larger scale than one might realize.

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    Replies
    1. Assata, exactly. And with that many eyes, a simple mistake can turn out to be not so small, with the effect potentially long-lasting.

      Delete

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