Jun 1, 2017

Facebook shareholders press management on fake news

Owners of Facebook stock were rebuffed on Thursday after they called on company leaders to share more information about what they are doing to address the circulation of fake news. Mr Zuckerberg addressed the issue as part of his remarks, pointing to the steps the firm has already taken, including making it harder for fake news spammers to make money from ads. How Facebook is starting to tackle fake news in your news feed. Natasha Lamb of Arjuna Capital, who presented the fake news proposal at the annual meeting, said Facebook cannot afford to think of itself as a neutral platform. Company leaders during the question and answer session said they knew fake news was a turn-off for users.

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