The changes could make it easier for users to criticize brands or implicate them in conspiracies, and harder for brands to force takedowns.
After Meta Platforms CEO Mark Zuckerberg posted a video in which he announced several changes to take place across Meta regarding the company's free speech efforts and content moderation policies, Stifel called the replacement of fact-checkers with Community Notes the "most notable of these changes," adding that such a feature became widely popular on X/Twitter following Elon Musk's acquisition of the company in 2022. The policy changes along with three new board additions yesterday, including Trump ally and UFC CEO Dana White, represent the latest in a series of actions taken by Zuckerberg and the company "that we view as efforts to not only offer an environment we believe the majority of users desire, but also gain favor with the incoming Trump administration," according to the analyst, who keeps a Buy rating and $692 price target on Meta shares.
Social media giant Meta on Tuesday slashed its content moderation policies, including ending its US fact-checking program on Facebook and Instagram, in a major shift that conforms with the priorities of incoming president Donald Trump.
Dan Flax, Neuberger Berman senior research analyst, joins CNBC's 'Squawk Box' to discuss reactions to Meta new content moderation policy.
The social networking giant will stop using third-party fact checkers and instead rely on users to add notes to posts. It is likely to please President-elect Trump and his conservative allies.
A 'Mornings with Maria' panel discuss the 'about-face' in tech as Meta taps UFC President Dana White to join the company's board of directors.
Mark Zuckerberg says company will ‘dramatically reduce censorship' across Facebook, Instagram and Threads
Meta on Tuesday announced it will eliminate its third-party fact checking program and implement a "Community Notes" model, similar to the one that exists on Elon Musk's X. The company is also bringing back political content on its platforms and removing restrictions on subjects like immigration and gender.
Meta, the parent of Facebook, Instagram and Whatsapp, today announced a major overhaul in how it's handling content moderation on its site, taking off some of the guardrails that it had put in place over the last several years in response to criticism that it had helped to spread political and health misinformation. In a blog post called “More speech, fewer mistakes”, its new chief global affairs officer Joel Kaplan outlined changes are in three key areas:
Facebook-parent Meta Platforms said on Tuesday it would end its current third-party fact-checking program in the United States and instead begin moving to a 'Community Notes' program similar to that on social media platform X.
Meta has appointed three new members to its board of directors, the company announced Monday: UFC president and CEO Dana White, European investment company Exor CEO John Elkann, and tech investor Charlie Songhurst.
Shares of Meta Platforms (META 0.90%) fell to a cheap valuation in 2022 and have soared almost 400% over the last two years. However, the stock is still trading at a reasonable 23 times this year's earnings estimate that could support more gains in 2025.