trending Market Intelligence /marketintelligence/en/news-insights/trending/H6cL_fwGH3mK0kI_owiIVA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Facebook responds to Philippine resolution on fake news


COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021


Climate Credit Analytics: Linking climate scenarios to financial impacts


What’s next in Cloud?

Fintech Intelligence Digital Newsletter: April 2021

Facebook responds to Philippine resolution on fake news

Facebook Inc.'s battle with fake news has extended to the Philippines, with the social networking giant telling the Senate there that it is dealing with the spread of misinformation and fake news over its platform, The Philippine Star reported Jan. 21, citing an e-mailed statement from the company.

The statement was sent in response to a Senate resolution seeking accountability from Facebook over the matter. The company said it was taking several steps to address the problem, including simplifying the process to report fake news.

This comes shortly after Germany proposed legislation that would hit Facebook with up to €500,000 in fines per instance of fake news or hate speech that it fails to remove from its platform within 24 hours.

Facebook was also expected to meet with the Indonesian Ministry of Communication and Informatics to discuss the issue of fake news in Indonesia.