Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
  Report
Delayed Quote. Delayed Nasdaq - 11/27 01:00:00 pm
277.81 USD   +0.81%
05:45aTesla's S&P 500 Debut Is Set to Put $100 Billion in Trades in Motion
DJ
11/27Stocks reach records; dollar settles lower
RE
11/27Polish PM confirms readiness to veto EU budget
RE
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Facebook : Twitter is testing how its misinformation labels can be more obvious, direct

10/06/2020 | 12:23pm EST

Oct 6 (Reuters) - Twitter is rethinking how the labels it applies to misinformation look and work, its head of site integrity told Reuters in an interview, as the social media company tries to make these interventions more obvious and cut its reaction times.

Twitter's Yoel Roth said the company is exploring changes to the small blue notices that it attaches to certain false or misleading tweets, to make these signals more 'overt' and be more 'direct' in giving users information. But he did not say whether any new versions would be ready before the U.S. election in the next four weeks, a period that experts say could be rife with false and misleading online content.

Roth said the new efforts at Twitter include testing a more visible reddish-magenta color, and working out whether to flag users who consistently post false information.

"We've definitely heard the feedback that it would be useful to see if an account is a repeat offender or has been repeatedly labeled, and we're thinking about the options there," said Roth.

Twitter started labeling manipulated or fabricated media in early 2020, after a public feedback period. It expanded its labels to coronavirus misinformation and then to misleading tweets about elections and civic processes. Twitter says it has now labeled thousands of posts, though most attention has been on the labels applied to tweets by U.S. President Donald Trump.

In September, Twitter announced it would label or remove posts claiming election victory before results were certified.

Roth said research undermining the idea that corrections can strengthen people's beliefs in misinformation - known as the 'backfire effect' - had contributed to Twitter rethinking how its labels could be more obvious. The risk is that label "becomes a badge of honor" that users actively pursue for attention, said Roth.

Though Twitter's labels have been praised by some misinformation experts as a long-overdue intervention, their execution has triggered criticisms from researchers as too slow.

"Mostly things take off so fast that if you wait 20 or 30 minutes... most of the spread for someone with a big audience has already happened," said Kate Starbird, an associate professor at the University of Washington who has been analyzing Twitter's labeling responses.

It took Twitter about eight hours to add labels to Trump tweets about mail-in voting the first time it labeled him in May, though Starbird said Twitter was getting quicker. Two Trump tweets in September appeared to have been labeled within two hours. On Tuesday, it took about three hours to place an overlay and disable retweets on a Trump tweet that violated its rules on "misleading and potentially harmful information related to COVID-19."

Roth said Twitter reduces the reach of all tweets labeled for misinformation, by limiting their visibility and not recommending them in places like search results. The company declined to share any data about the effectiveness of these steps.

In August, Election Integrity Partnership researchers said Twitter's disabling retweets on a Trump tweet that violated its rules had a clear effect on its spread but was "too little, too late."

Roth said Twitter takes into account the number of retweets, engagement and views to prioritize viral content for review to give "the most bang for our buck." But he said Twitter was exploring how to predict which tweets would go viral and conducting exercises on likely new 2020 election claims to get faster.

Multiple researchers told Reuters it was difficult to assess effectiveness of Twitter's interventions without knowing which actions it was taking and when.

The company does not keep public lists of when it has applied labels and has not shared data to allow outsiders to assess how its labels affect a tweet's spread or how users interact with them.

"The platforms need to explain what hypothesis they're testing, how they're testing it, what the results are and be transparent," said Tommy Shane, head of policy and impact at anti-misinformation non-profit First Draft. "Because these are public experiments."

TRUMP TWEETS

Twitter has labeled or put gray warning overlays over ten @realDonaldTrump tweets for reasons related to civic integrity rules since it first labeled him in May.

Roth said Twitter consults with partners, including election officials, on its labeling. But it has chosen to link to a page of tweets from multiple sources rather than follow Facebook's lead of paying third-party fact-checkers - including Reuters - to assess content as they could be 'easy to dismiss if you disagree with them.'

Facebook Inc, which exempts politicians from its fact-checking program and faced backlash for not acting on misleading Trump posts, has started adding labels with voting information to all related posts. This strategy has been criticized by researchers for not quickly and obviously differentiating between true and false.

Trump spokeswoman Samantha Zager said in a statement that "across social media platforms, it's clear the Silicon Valley Mafia creates arbitrary rules that do not apply equally to every account and instead are used to silence any views in opposition to those held by the liberal Big Tech coastal elites," pointing to a manipulated version of an August Trump ad that Twitter did not label or remove.

Asked how Twitter is monitoring high-profile users like Trump or his Democratic presidential rival Joe Biden, Roth said Twitter does not "specifically focus in on individual accounts or individual account holders."

(Reporting by Elizabeth Culliford; Editing by Greg Mitchell and Edward Tobin)


© Reuters 2020
All news about FACEBOOK INC
05:45aTesla's S&P 500 Debut Is Set to Put $100 Billion in Trades in Motion
DJ
11/27Stocks reach records; dollar settles lower
RE
11/27Polish PM confirms readiness to veto EU budget
RE
11/27Stocks rack up the records, dollar sings the blues
RE
11/27FACEBOOK : cryptocurrency Libra to launch as early as January but scaled back
RE
11/27Stocks hover near record high, oil skids on demand outlook
RE
11/26Britain to curb Google and Facebook with tougher competition rules
RE
11/26Britain says it will impose new competition rules to prevent google and faceb..
RE
11/26With frozen food clampdown, China points overseas as source of coronavirus
RE
11/25AMAZON COM : France orders tech giants to pay digital tax
RE
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
Sector and Competitors
1st jan.Capitalization (M$)
FACEBOOK INC35.35%791 284
ALIBABA GROUP HOLDING LIMITED30.35%748 054
TENCENT HOLDINGS LIMITED56.02%715 632
MASTERCARD INCORPORATED14.31%338 027
PROSUS N.V.36.78%181 504
THE TRADE DESK, INC.236.09%41 005