Facebook, Twitter join network of companies to keep fake news in check
First Draft Coalition, formed in June 2015 with the backing of Alphabet Inc's Google, said it would create a voluntary code of practice, promote news literacy among social media users.
Facebook Inc and Twitter Inc have joined a network of over 30 news and technology companies to tackle fake news and improve the quality of information on social media, the group said on Tuesday.
First Draft Coalition, formed in June 2015 with the backing of Alphabet Inc's Google, said it would create a voluntary code of practice, promote news literacy among social media users, and launch a platform where members can verify questionable news stories.
The platform will be launched by the end of October, Jenni Sargent, managing director of the coalition, said in an email.
Members of the group include the New York Times, Washington Post, BuzzFeed News, Agence France-Presse and CNN.
Facebook, the world`s largest social media network with about 1.7 billion users each month, has been criticized for its role in spreading fake stories and misinformation. Twitter, with about 140 million daily users, plays a crucial role in breaking news and disseminating eyewitness content.
In August, Facebook increased the use of automation to select the most-talked about topics of the day for its popular "Trending" feature, as a way to reduce human bias.
Twitter in July swiftly removed posts from Islamic extremists glorifying a truck attack in Nice, France, winning a rare round of praise from watchdog groups for a platform that has often struggled to contain violent propaganda.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
08:53 AM IST