REUTERS: Facebook Inc said on Friday it will start labeling newsworthy content that violates the social media company's policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.
Zuckerberg also said Facebook would ban ads that claim people from groups based on race, religion, sexual orientation or immigration status are a threat to physical safety or health. Shares of Facebook closed down more than 8per cent and Twitter ended 7per cent lower on Friday after Unilever PLC said it would stop its U.S. ads on Facebook, Instagram and Twitter for the rest of the year, citing"divisiveness and hate speech during this polarized election period in the U.S."
One of Facebook's top spenders, consumer goods giant Procter & Gamble Co , on Wednesday pledged to conduct a review of ad platforms and stop spending where it found hateful content. P&G declined to say if it had reached a decision on Facebook.
Source: News Formal (newsformal.com)
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