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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

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Facebook : to Ban QAnon Groups and Pages

10/06/2020 | 05:57pm EST

By Sarah E. Needleman

Facebook Inc. said it would step up its crackdown on QAnon, removing more groups and pages devoted to the fast-growing conspiracy movement that has thrived on social media.

The move, announced on Tuesday, builds on Facebook's efforts announced in August to remove QAnon pages and groups that included discussions of potential violence. The company will now ban any pages or groups dedicated to QAnon across Facebook, as well as Instagram accounts focused on QAnon content. The new policy doesn't ban individuals from posting about the movement.

The company said the new policy was based in part on an increased understanding of how QAnon messaging is evolving. "We aim to combat this more effectively with this update that strengthens and expands our enforcement against the conspiracy theory movement," the company said in a statement. Facebook also said it expects renewed attempts to evade detection and that it could update its content policies as needed.

The QAnon conspiracy theory centers on the idea that a powerful group of child traffickers control the world and are undermining President Trump with the help of other elites and mainstream news outlets. Last year a Federal Bureau of Investigation field office warned that QAnon and other conspiracies could spark violence in the U.S., and QAnon adherents have discussed future plans to round up or kill members of the supposedly evil cabal.

(More to come.)

--Jeff Horwitz contribute to this article.

(END) Dow Jones Newswires

10-06-20 1957ET

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Financials (USD)
Sales 2020 83 587 M - -
Net income 2020 26 870 M - -
Net cash 2020 63 906 M - -
P/E ratio 2020 30,7x
Yield 2020 -
Capitalization 816 B 816 B -
EV / Sales 2020 9,00x
EV / Sales 2021 7,06x
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 286,55 $
Spread / Highest target 30,9%
Spread / Average Target 10,2%
Spread / Lowest Target -58,1%
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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