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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
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Delayed Quote. Delayed Nasdaq - 11/27 01:00:00 pm
277.81 USD   +0.81%
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Facebook : Removes Trump's Post About Covid-19, Citing Misinformation Rules

10/06/2020 | 01:21pm EST

By Jeff Horwitz

Facebook Inc. said it took down a post by President Trump on Tuesday because it contained misinformation about the dangers of the coronavirus.

The social-media giant said its decision is based on its policy against users spreading information that is deemed both wrong and harmful. Facebook said it makes determinations based on guidance from public-health authorities including the U.S. Centers for Disease Control and Prevention and the World Health Organization.

"We remove incorrect information about the severity of Covid-19, and have now removed this post," said Facebook spokesman Andy Stone.

With its decision, the social network has moved to censor the president just weeks before Election Day. While Facebook Chief Executive Mark Zuckerberg has said the company doesn't wish to police political speech, Facebook has previously removed posts containing what it defines as coronavirus-related falsehoods. In March, Facebook removed content from Brazilian President Jair Bolsonaro promoting the drug hydroxychloroquine as effective at treating the virus in all cases. U.S. regulators later warned against such use of the antimalarial, which was widely touted by Mr. Trump, citing a lack of evidence for its effectiveness.

Mr. Trump's statement Tuesday that the seasonal flu is more dangerous for most than the coronavirus is widely considered false by medical professionals. Not only has the disease already killed more than 210,000 Americans, but the death rate per person infected has been far higher than historical rates for the seasonal flu, according to infectious disease experts.

Twitter Inc. also took action on Tuesday in response to the president's claim on its own platform. Instead of removing the post, the company appended a notice that his tweet violated its rules on spreading harmful information related to the virus but that "it may be in the public's interest for the Tweet to remain accessible."

Write to Jeff Horwitz at Jeff.Horwitz@wsj.com

(END) Dow Jones Newswires

10-06-20 1320ET

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) -0.34% 6.3776 Delayed Quote.40.72%
FACEBOOK INC 0.81% 277.81 Delayed Quote.35.35%
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More news
Financials (USD)
Sales 2020 83 587 M - -
Net income 2020 26 870 M - -
Net cash 2020 63 906 M - -
P/E ratio 2020 29,8x
Yield 2020 -
Capitalization 791 B 791 B -
EV / Sales 2020 8,70x
EV / Sales 2021 6,82x
Nbr of Employees 56 653
Free-Float 83,8%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | MarketScreener
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 315,73 $
Last Close Price 277,81 $
Spread / Highest target 35,0%
Spread / Average Target 13,7%
Spread / Lowest Target -56,8%
EPS Revisions
Managers
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
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