Technology Hundreds of employees criticize Facebook's political ad policies
Analysis: Americans Don’t Just Want Facebook to Ban False Political Ads. They Want Them to Ban ALL Political Ads.
Mark Zuckerberg and the communications team at Facebook have been embroiled in controversy over the past few days, centered on whether the company has a responsibility to ferret out false or misleading political content and purge it from the platform. Zuckerberg has been defiant, citing similar policies by Twitter and others, saying it’s not Facebook’s role to police what is ultimately free expression. © REUTERS/Erin Scott Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. The majority of Americans, however, think otherwise. A survey of over 1,600 U.S.
Over the past month, Facebook has come under criticism for allowing politicians to run false or. Now, employees are speaking out. More than 250 Facebook employees wrote a letter addressed to CEO Mark Zuckerberg and top Facebook officials calling Facebook's political ad policies "a threat to what FB stands for."
In, obtained by , the employees argue that allowing misinformation to run could increase distrust in Facebook and undermine Facebook's integrity. They recommend six ways to remedy the situation, including holding political ads to the same standards as other ads, restricting political ad targeting and clearer policies in general.
Twitter ceases all political advertising
The company CEO says political messages should be "earned, not bought.""Internet political ads present entirely new challenges to civic discourse: machine learning-based optimization of messaging and micro-targeting, unchecked misleading information, and deep fakes," Dorsey said in an 11-tweet chain of messages. "All at increasing velocity, sophistication, and overwhelming scale.
As the letter states:
"Misinformation affects us all. Our current policies on fact checking people in political office, or those running for office, are a threat to what FB stands for. We strongly object to this policy as it stands. It doesn't protect voices, but instead allows politicians to weaponize our platform by targeting people who believe that content posted by political figures is trustworthy."
While we've seenabout company policies and , internal dissent like this is fairly rare for Facebook. It could also be seen as a set back in the company's recent efforts to suggest that it .
Engadget has reached out to Facebook for comment.,
Twitter in turn forbids certain
scam US social network Twitter will in turn ban on its platform some advertising related to cryptocurrencies, in order to prevent attempts to scam, he said Monday.
"We are committed to keeping the Twitter community safe by adding a new rule for cryptocurrency-related Twitter advertising (which states that) advertising for cryptocurrency fundraisers (Initial coin offerings , ICO) and sales of "+ virtual tokens" will be banned worldwide, said Twitter
An ICO is to create its own virtual currency and sell it to investors paying with other cryptocurrencies or currencies
Facebook and Google have already announced similar measures
Virtual currency trading is highly volatile and is regularly accused of being used as a money-laundering tool for criminal networks and regulators around the world are trying to developing more effective and efficient supervisory systems
Several countries have launched initiatives to promote greater regulation of this market, which experienced a real explosion in 2017.
The most famous cryptocurrency, bitcoin, passed Monday under the bar of 8,000 dollars against 8,616.25 dollars Friday night, accusing a fall of about 8%
Monday another cryptocurrency, the Litecoin, also bit the 10% losing dust at around $ 144 after announcing the closure of the LitePay payment platform.
LitePay recently asked the Litecoin Foundation, based in Singapore and is working to promote the currency, new funding, according to the release of the Foundation announcing Monday the end of LitePay.
However, LitePay was "not able to provide a satisfactory idea" of what it had already raised, the organization said.
"We are deeply saddened to see this saga closed in this way and apologize for not being careful enough, which could have allowed us to discover problems sooner," she continued.
The Foundation promises to do better in the future "so that it does not happen again".
On March 7, the US Securities and Exchange Commission (SEC) called the electronic platforms on which cryptocurrencies traded to register with its services.
The SEC has been rising for several months in the face of the explosion of the sector, taking legal action against fraudulent ICOs, launching investigations on various companies involved in this market and regularly warning investors.
Last week, G20 finance ministers refused to consider bitcoin and other cryptocurrencies as sovereign currencies and warned of their possible "implications for financial stability".
A bug caused UK election ad spends to disappear on Facebook .
Earlier this week, an unspecified bug caused as many hundreds of thousands of political ads to disappear from Facebook's Ad Library, a tool the company rolled out globally earlier this year to provide more transparency on political spending. According to CNN Business, the bug caused ads to go missing in several countries across the world, including the UK. To say the Ad Library bugged out at the worst possible time would be an understatement. On Thursday, people in the UK will vote in what will likely go down as one of the most important elections in the country's history.
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