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In Some Countries, Facebook’s Fiddling Has Magnified Fake News [The New York Times]

FACEBOOK (FB)  More Company Research Source: The New York Times
Last facebook earnings: 1/31 04:05 pm Check Earnings Report
PDF The changes are being made as the company finds itself embroiled in a larger debate over its role in spreading fake news and misinformation aimed at influencing elections in the United States and other nations. Facebook said these News Feed modifications were not identical to those introduced last fall in six countries through its Explore program, but both alterations favor posts from friends and family over professional news sites. And what happened in those countries illustrates the unintended consequences of such a change in an online service that now has a global reach of more than two billion people every month. In Slovakia, where right-wing nationalists took nearly 10 percent of Parliament in 2016, publishers said the changes had actually helped promote fake news. With official news organizations forced to spend money to place themselves in the News Feed, it is now up to users to share information. “People usually don’t share boring news with boring facts,” said Fil [Read more]

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