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Facebook Debuts As Public Company With Initial Public Offering On NASDAQ Exchange

Source: Stephen Lam / Getty

Here’s a story from Fox News that’s interesting,

‘Fake news’ is a term consistently in the headlines lately, and now Facebook wants to help you spot false stories, and eliminate them from the platform. The social network has a system in place that has allowed it to eliminate more than 30,000 fake accounts in France.

They hope this will eliminate spamming. Facebook technical program manager Shabnam Shaik wrote in a blog post,

“We’ve found that a lot of false news is financially motivated, and as part of our work to promote an informed society, we have focused on making it very difficult for dishonest people to exploit our platform or profit financially from false news sites using Facebook.”

That’s great that they’re taking these steps!

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