Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
»
1-min read

Facebook Shareholders Propose Reports on Fake News, Pay Equality

The issue of fake news came to prominence during the U.S. presidential election last year.

Reuters

Updated:April 17, 2017, 9:54 AM IST
facebookTwitterskypewhatsapp
Facebook Shareholders Propose Reports on Fake News, Pay Equality
Now Make, Share GIFs With Facebook Camera (image for representation: News18).
Loading...

Shareholders have proposed that Facebook Inc prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made.

The proposal, which said Facebook had provided "a financial mechanism supporting fabricated content" on the internet, suggests the company review the issue broadly, including the extent to which it blocks fake posts, how its strategies impact free speech and how it evaluates claims in posts.

"Facebook is highly vulnerable, as fake news promoters are spamming their way to visibility for fake news through strategically gaming Facebook’s algorithms and publishing platform," the proposal states.

"In light of the societal crisis generated by the explosion of fake news and related hate speech, failure to effectively manage this issue creates public policy risk," it said.

The issue of fake news came to prominence during the U.S. presidential election last year, when many inaccurate posts were widely shared on Facebook and other social media services. Facebook has said it is tackling the problem.

It already has a program in France to use outside fact-checkers to combat fake news in users' feeds and suspended 30,000 accounts in France on Thursday, ahead of the country's presidential election.

Separately, shareholders also proposed a gender pay equality report be prepared by December.

The proposal recommends the company disclose the percentage pay gap between male and female employees across race and ethnicity, policies taken to address the gap, the methodology used to take those measures, and targets that could be set to reduce the gap.

Facebook's board of directors have recommended a vote against both proposals.

| Edited by: Krishna Sinha Chaudhury
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results