|Day's Range||16.15 - 16.15|
Facebook CEO Mark Zuckerberg has announced a series of steps the social network is taking ahead of the 2020 U.S. presidential election to prevent interference from both foreign and domestic groups. Yahoo Finance's Jen Rogers, Andy Serwer and Brian Cheung weigh in on the new policies and whether or not Facebook is doing enough to stop misinformation campaigns.
Facebook is out with a new update regarding the 2020 election. Yahoo Finance's Dan Howley breaks down the details with Zack Guzman, Brian Cheung, and media entrepreneur and author Charreah Jackson on YFi PM.
Facebook is starting to make concessions with its Libra project amid all the skepticism from regulators and investors. David Marcus, the co-creator of the Facebook-backed cryptocurrency said that the Libra project could use national currency-backed stable coins instead of synthetic ones. Yahoo Finance's Dan Roberts, Julia La Roche and Brian Cheung discuss on YFi AM.
Facebook's upcoming news section will include headlines from publications like The Wall Street Journal, the Washington Post, and Buzzfeed News. Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Dan Howley discuss.
Facebook has taken down more suspicious accounts and announced details about its plan to protect the 2020 U.S. presidential election. CBS News national security reporter Olivia Gazis speaks to CBSN's "Red & Blue" about Facebook's strategy and the potential impact.
Oct.21 -- Facebook's CEO Mark Zuckerberg says on a conference call that recommendations passed to Pete Buttigieg's campaign should not be seen as an endorsement.
Oct.21 -- Facebook Inc. chief executive officer Mark Zuckerberg has privately recommended several potential hires to Pete Buttigieg’s presidential campaign, a rare example of direct political involvement from one of tech’s most powerful executives. Bloomberg's Tyler Pager has more on "Balance of Power."
(Bloomberg) -- Facebook Inc. said it will set up a dedicated U.K. operations center during the next election, to counter misinformation networks, fake news stories and outside interference from other countries.Britain has consistently criticized Russia for attempting to manipulate elections around the world, while insisting there’s no evidence of interference in U.K. votes such as the 2016 Brexit referendum. But Facebook has been accused of hosting misinformation and advertisements seen only by narrowly targeted audiences.Writing in the Telegraph newspaper, after the company announced it had discovered four separate misinformation networks tied to Iran and Russia, Facebook executive Richard Allan said the company knows that “social media can bring significant new risks to the political process.”“People who want to interfere unlawfully with the outcome of an election will use every available means to try and do so, including platforms like ours,” wrote Allan, vice president for public policy in Europe. “We’ve built stronger defenses to prevent people using our platforms to interfere with elections and we’re continuing to make improvements in several key areas.”Facebook has pledged to label content as “false” or “partly false,” using an independent fact-checker, and to expand scrutiny of ads that have political content.To contact the reporter on this story: Robert Hutton in London at email@example.comTo contact the editors responsible for this story: Tim Ross at firstname.lastname@example.org, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
(Bloomberg) -- Twitter Inc. will create a new policy meant to combat manipulated media, including deep fake videos, ahead of the 2020 U.S. Presidential election.The company doesn’t currently have a policy for how to handle deep fakes, altered videos that distort a subject’s appearance or speech while still looking authentic. Twitter plans to create one, but will first ask the public for feedback, a spokesman said on Monday.Deep fakes and other misinformation have already been part of the 2020 election cycle. Earlier this year, a doctored video of House Speaker Nancy Pelosi that made the congresswoman look like she was slurring her words made the rounds on Facebook. The social-media giant refused to remove it, prompting rebukes from Pelosi and an eventual admission from Chief Executive Officer Mark Zuckerberg that Facebook should have flagged it as false more quickly.Facebook is also under pressure from Democratic presidential candidates for failing to fact-check political advertising after President Donald Trump shared an ad claiming known falsehoods about rival Joe Biden.To contact the reporter on this story: Kurt Wagner in San Francisco at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Alistair Barr, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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Facebook said it would increase transparency through measures such as showing more information about the confirmed owner of a Facebook page and more prominently labeling content that independent fact-checkers have marked as false. The social media giant has come under fire in recent weeks over its policy of exempting ads run by politicians from fact-checking, drawing ire from Democratic presidential candidates Joe Biden and Elizabeth Warren. Last week, Facebook CEO Mark Zuckerberg defended the policy, saying social media had introduced transformative avenues for speech that should not be shut down.
(Bloomberg) -- Facebook Inc. discovered four separate misinformation networks -- three tied to Iran and one to Russia -- that the social network said it shut down as part of an ongoing effort to counter “foreign influence campaigns.”Facebook said the “coordinated inauthentic behavior” took aim at the U.S., North Africa and Latin America and included “proactive work ahead of the U.S. elections.” The company shared the findings with “law enforcement and industry partners.”The company said it removed 50 Instagram accounts and another Facebook account originating Russia and aimed at the U.S. The Russian effort had ties to the Internet Research Agency, a group that has previously been indicted for violating laws prohibiting U.S. election interference. Facebook said the effort had the “hallmarks of a well-resourced operation.”In addition, 93 Facebook accounts and four Instagram accounts that originated in Iran and focused on the U.S. or some French-speaking communities were removed, as well as dozens more targeting Latin America and other countries.In a blog post, the company also disclosed some adjustments to its policies meant to combat foreign influence and manipulation. Facebook will now identify posts from state-controlled media, provide more information about the country of origin for Facebook pages and help further secure political candidates’ Facebook pages.Following questions about its ability to identify and fight disinformation and influence campaigns on its platforms during the 2016 campaign, the social media company has been at the center of attention ahead of the 2020 U.S. presidential election. Facebook has gone to great lengths to tell voters and lawmakers that it’s taking misinformation more seriously — something it did ahead of the 2018 U.S. midterms as well.“We know that we have a big responsibility to secure our platform and stay ahead of some of these new threats to election security,” Chief Executive Officer Mark Zuckerberg said during a conference call Monday. “Personally this is one of my top priorities for the company.”Zuckerberg said that the company has faced “increasingly sophisticated attacks from nation states like Russia, Iran and China.”The company has already encountered harsh criticism, particularly around political advertising. Facebook’s policy is that it won’t fact-check posts from politicians, including ads, which has led to complaints from Democratic candidates such as Elizabeth Warren and Joe Biden.Zuckerberg said last week that he doesn’t believe it’s Facebook’s role to make decisions about posts from politicians.“I don’t think most people want to live in a world where you can only post things that tech companies judge to be 100% true,” he said Thursday during a speech at Georgetown University. “People should be able to see for themselves what politicians are saying.”The 50 Instagram accounts from Russia that were removed “reused or recreated” memes previously used by the country’s Internet Research Agency,” according to Graphika Inc., a company that uses artificial intelligence to map and analyze information on social media.In a report Monday, Graphika said that these accounts -- nearly half of which claimed to be from swing states, such as Florida -- included content expressing praise for Democratic presidential candidate Bernie Sanders and President Donald Trump, and attacked candidates Kamala Harris and Warren.Some accounts also posted screenshots of tweets by American users and occasionally posted viral text that was taken from other American social media accounts.The accounts “went to great lengths to hide their origins,” and over half of them had fewer than 5,000 followers -- though one reached over 20,000 -- Graphika said. It found just under 75,000 pieces of content posted by the Instagram accounts.“This shows that foreign actors are already building up for the 2020 election but they’re not having it all their own way,” said Ben Nimmo, the director of investigations at Graphika. “Facebook took this operation down while it was still building an audience. It means we all have to watch out for foreign interference, but it also shows that the platforms already are.”(Update with CEO comments in seventh paragraph.)To contact the reporters on this story: Eric Newcomer in New York at email@example.com;Kurt Wagner in San Francisco at firstname.lastname@example.org;Alyza Sebenius in Washington at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Libra will be the focus when Facebook CEO Mark Zuckerberg goes to Capitol Hill on Wednesday, but it won't be the only thorny issue he'll have to address.
Facebook Inc. says it has fortified its digital defenses to eradicate meddling in elections, and it’s already thwarted new interference attempts from Russian and Iran as a result.
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Facebook’s efforts to quash a potentially costly lawsuit continue to suffer setbacks. A US appeals court last week denied its request for a special hearing.
LONDON/WASHINGTON (Reuters) - Facebook Inc said on Monday it has suspended a network of Instagram accounts operated from Russia that targeted Americans with divisive political messages ahead of next year's U.S. presidential election, with operators posing as people within the United States. Facebook said it also had suspended three separate networks operated from Iran. The Russian network "showed some links" to Russia's Internet Research Agency (IRA), Facebook said, an organization Washington has said was used by Moscow to meddle in the 2016 U.S. election.
Facebook's Libra digital currency project could consist of multiple cryptocurrencies that are pegged to leading currencies, including the U.S. dollar, according to Retuers. This contrasts with the initial plan, which called for a synthetic digital currency.