Facebook Inc said on Friday it will start labeling newsworthy content that violates the social media company's policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.
- Facebook Inc said on Friday it will start labeling newsworthy content that violates the social media company’s policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.
Facebook has drawn heat from employees and lawmakers in recent weeks over its decisions not to act on inflammatory posts by the president. The policy changes come during a growing ad boycott campaign, called “Stop Hate for Profit,” that was started by several U.S. civil rights groups after the death of George Floyd, to pressure the company to act on hate speech and misinformation.
Shares of Facebook closed down more than 8% and Twitter ended 7% lower on Friday after Unilever PLC said it would stop its U.S. ads on Facebook, Instagram and Twitter for the rest of the year, citing “divisiveness and hate speech during this polarized election period in the U.S.” The campaign specifically asks businesses not to advertise on Facebook’s platforms in July, though Twitter has also long been urged to clean up alleged abuses and misinformation on its platform.
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