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Stock impact report

Facebook says it will ban voting misinformation ahead of midterms [CBS News]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: CBS News
Facebook is cracking down on the spread of false information in the final weeks before the midterm elections. The world's largest social network says it will ban fake content designed to suppress voter turnout. The announcement comes just two weeks after Facebook says hackers compromised 29 million accounts and stole users' personal data, reports CBS News correspondent Tony Dokoupil.  Scandals involving misinformation and data misuse over the past few months have forced Facebook into all-out damage control. This latest policy change addresses one of Facebook's most sensitive challenges – defining false information and removing it. In May, CEO Mark Zuckerberg pledged to prevent election interference on Facebook. This is an important election year. Not only the big U.S. midterms that are coming up, but there are major elections around the world, he said. In 2016, we were slow to identify Russian interference….We didn't expect these coordinated information operation and la Show less Read more
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