Skip to main content

Market Overview

Facebook Rolls Out Feed Control Features Following Hate Speech, Misinformation Backlash

Share:
  • Facebook Inc (NASDAQ: FB) will permit users to customize feed and control over the comments and viewership of individual public posts following the criticism for global hate speech intensification and distortion across its platform, Reuters reports.
  • A Feed Filter will also let users switch between the algorithmic ranking of feed or show content in chronological order.
  • Facebook has refuted polarization allegations and amplifying hate based on its algorithms.
  • The social media giant justified its stand by emphasizing its advertising which served as a major revenue source.
  • Nick Clegg, vice president of Global Affairs at Facebook, said that it is not in Facebook's interest to promote polarization as advertisers would not want to display ads next to hateful content.
  • CEO Mark Zuckerberg recently addressed internet reform rules focusing on the elimination of harmful content from their platforms.
  • Price action: FB shares traded higher by 2.65% at $295.62 on the last check Wednesday.
 

Related Articles (FB)

View Comments and Join the Discussion!

Posted-In: Reuters social media stocksNews Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com