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
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 11/30 03:04:37 pm
276.08 USD   -0.62%
02:11pFACEBOOK : to buy customer service startup Kustomer
RE
01:09pFACEBOOK : to Acquire Kustomer in Deal That Values Startup at $1 Billion -- 2nd Update
DJ
12:09pFACEBOOK : Kustomer to Join Facebook
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Facebook : to ban content that denies or distorts the Holocaust

10/12/2020 | 10:54am EST

Oct 12 (Reuters) - Facebook Inc said on Monday it was updating its hate speech policy to ban any content that denies or distorts the Holocaust.

The move comes two years after Facebook Chief Executive Mark Zuckerberg said in a 2018 interview with tech website Recode said that while he found Holocaust denial deeply offensive, he did not think Facebook should delete such content.

"I've struggled with the tension between standing for free expression and the harm caused by minimizing or denying the horror of the Holocaust," said Zuckerberg, who is Jewish, in a Facebook post on Monday.

"My own thinking has evolved as I've seen data showing an increase in anti-Semitic violence, as have our wider policies on hate speech," he said.

The social media company said that, starting later this year, it would also direct people searching for terms associated with the Holocaust or its denial to credible information off Facebook.

The World Jewish Congress and the American Jewish Committee praised the move.

"For several years, the World Jewish Congress has advocated for Facebook to remove Holocaust denial content from its platform," that group said in a statement.

This summer, civil rights groups organized a widespread Facebook advertising boycott to try to pressure social media companies to act against hate speech on their platforms.

"This has been years in the making. Having personally engaged with @Facebook on the issue, I can attest the ban on Holocaust Denial is a big deal," tweeted Jonathan Greenblatt, chief executive of the Anti-Defamation League, one of the boycott's organizers. "Glad it finally happened," he added.

The Conference on Jewish Material Claims Against Germany has also pushed for Facebook to ban Holocaust denial content and has called for Zuckerberg to meet with survivors through its #NoDenyingIt social media campaign.

In August, Facebook banned certain anti-Semitic conspiracy theories and stereotypes.

In its blog post https://bit.ly/36XixY0, the company cited a recent survey that found almost a quarter of adults in the U.S. aged 18-39 said they believed the Holocaust was a myth, that it had been exaggerated or they were not sure.

The company said that enforcement of its new policies would not "happen overnight."

"There is a range of content that can violate these policies, and it will take some time to train our reviewers and systems on enforcement," it said. (Reporting by Elizabeth Culliford in Birmingham, England; Tiyashi Datta in Bengaluru; Editing by Saumyadeb Chakrabarty and Nick Zieminski)


© Reuters 2020
All news about FACEBOOK INC
02:11pFACEBOOK : to buy customer service startup Kustomer
RE
01:09pFACEBOOK : to Acquire Kustomer in Deal That Values Startup at $1 Billion -- 2nd ..
DJ
12:09pFACEBOOK : Kustomer to Join Facebook
PU
11:48aFACEBOOK : to buy customer service startup Kustomer
RE
11:22aFACEBOOK : Nears Purchase of Startup in Deal That Values It at $1 Billion--Updat..
DJ
11:05aFACEBOOK : Celebrate GivingTuesday by Lending a Hand However You Can
PU
10:45aFACEBOOK : Nears Purchase of Startup in Deal That Values It at $1 Billion
DJ
10:24aFacebook, Google to Face New Antitrust Suits in U.S. -- Update
DJ
10:20aAmazon, Apple stay away from new French initiative to set principles for Big ..
RE
08:32aFacebook, Google to Face New Antitrust Suits in U.S.
DJ
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
MATCH GROUP, INC.70.05%37 139
TWITTER45.37%36 962
LINE CORPORATION0.56%12 558
SINA CORPORATION8.57%2 589
NEW WORK SE-12.67%1 714