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Stock impact report

Sheryl Sandberg Talks Facebook’s Response to ‘False News’ [Fortune]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Fortune
Sheryl Sandberg knows that Facebook is coming off a bumpy year, and that the road ahead doesn’t appear any smoother. “To say 2017 was a challenging year feels like a bit of an understatement . . .” she said on Wednesday at a Morgan Stanley investor conference in San Francisco. “We are taking a number of steps to show that we take full responsibility for everything that happens on our platform.” Specifically, Sandberg cited the controversy around fake news and misinformation spread on Facebook. The company has also been criticized by users and the political leaders over the fact that fake accounts linked to Russia churned out divisive posts and interacted with Americans in the lead up to the recent U.S. presidential election . Sandberg said on Wednesday that “it will never be 100% possible” to eliminate all “bad” content from Facebook, but she said the company continues taking steps to fight “false news,” including hiring teams of third-party fact-chec Show less Read more
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