At least 47 attorneys general from American states and territories are currently investigating Facebook for violating federal antitrust laws; sending shares for the social network platform down 3.2% in afternoon trading.
“The multistate investigation was announced in September with participation from seven other states, but it has since expanded to nearly the entire country. The probe will zero in on whether Facebook broke any state or federal laws as a result of any anti-competitive conduct related to its dominance of social media,” reports CNBC.
Almost every state and territorial attorney general in the U.S. is now part of an ongoing investigation into whether Facebook is breaking antitrust laws https://t.co/5k3rD9COX6
— POLITICO (@politico) October 22, 2019
“After continued bipartisan conversations with attorneys general from around the country, today I am announcing that we have vastly expanded the list of states, districts, and territories investigating Facebook for potential antitrust violations,” said New York State Attorney General Letitia James. “Our investigation now has the support of 47 attorneys general from around the nation, who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising. As we continue our investigation, we will use every investigative tool at our disposal to determine whether Facebook’s actions stifled competition and put users at risk.”
Read the full report at CNBC.
ANTI-SOCIAL MEDIA: Facebook Introducing ‘TRUSTWORTHINESS RATING’ for All Users
Social media giant Facebook is quietly introduced new technology that assigns its users a “trustworthiness score” between zero and one; ranking people who appear to be malicious actors as a method of cracking down on “fake news.”
According to the Washington Post, Facebook has been working on the software for more than a year in a prolonged campaign to remove individuals seeking to “game tech systems” for negative purposes.
“The previously unreported ratings system, which Facebook has developed over the last year, shows that the fight against the gaming of tech systems has evolved to include measuring the credibility of users to help identify malicious actors,” writes the Post.
The developers behind the project aren’t disclosing what factors will influence a user’s rating; adding the score will not be an “absolute indicator” and may fluctuate over time.
“The score is one measurement among thousands of new behavioral clues that Facebook now takes into account as it seeks to understand risk. Facebook is also monitoring which users have a propensity to flag content published by others as problematic, and which publishers are considered trustworthy by user,” adds the article.
Read the full story here.
FACEBOOK FAIL: Zuckerberg Admits ‘ERROR’ in Censoring Diamond and Silk
Facebook CEO Mark Zuckerberg admitted Wednesday that his social media team made an “enforcement error” when they labeled pro-Trump duo Diamond and Silk “unsafe,” adding that he plans on “reversing” the decision.
The tech titan was speaking before members of Congress when he was asked to comment on his platform’s designation of the conservative twosome as “unsafe to the community.”
“Why is Facebook censoring conservative bloggers, such as Diamond and Silk? Facebook called them ‘unsafe to the community.’ That is ludicrous. They hold conservative views, that isn’t unsafe. What’s your response to that?” asked one congressman.
“Mr. Congressman, in that specific case our team made an enforcement error. We’ve already gotten in touch with them to reverse it,” admitted Zuckerberg.
Watch the exchange above or click here.