Business Highlights: Facebook vaccine claims, retailer woes
3 years, 2 months ago

Business Highlights: Facebook vaccine claims, retailer woes

Associated Press  

___ Facebook froze as anti-vaccine comments swarmed users WASHINGTON — Last spring, as false claims about vaccine safety threatened to undermine the world’s response to COVID-19, researchers at Facebook found they could reduce vaccine misinformation by tweaking how vaccine posts show up on users’ newsfeeds. ___ Google ads gain fuels profit for parent company Alphabet MOUNTAIN VIEW, Calif. — A rebound in digital ad spending at Google continues to lift its parent company’s profit. The San Francisco-based company said Tuesday that its net loss was $536.8 million, or 67 cents per share, in the July-September quarter. ___ Robinhood’s growth in the summer slowed as trading calmed NEW YORK — The meteoric growth of Robinhood Markets is coming back to earth, much like its stock price.

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History of this topic

Facebook froze as anti-vaccine comments swarmed users
3 years, 2 months ago

Facebook froze as anti-vaccine comments swarmed users

Associated Press  

WASHINGTON — In March, as claims about the dangers and ineffectiveness of coronavirus vaccines spun across social media and undermined attempts to stop the spread of the virus, some Facebook employees thought they had found a way to help. “It drives attention and attention equals eyeballs and eyeballs equal ad revenue.” In an emailed statement, Facebook said it has made …

Facebook is having a tougher time managing vaccine misinformation than it is letting on, leaks suggest
3 years, 2 months ago

Facebook is having a tougher time managing vaccine misinformation than it is letting on, leaks suggest

CNN  

New York CNN Business — In public, Facebook has touted the resources it has dedicated to tackling Covid-19 and vaccine misinformation, even scolding US President Joe Biden for his harsh criticism of the company’s handling of the issue. “We have no idea about the scale of the problem when it comes to comments,” an internal research report posted to Facebook’s …

As anti-vaccine comments began proliferating, Facebook froze
3 years, 2 months ago

As anti-vaccine comments began proliferating, Facebook froze

LA Times  

Protesters against vaccination and mask mandates demonstrate near the New Mexico state capitol in Santa Fe. “Given these results, I’m assuming we’re hoping to launch ASAP,” one Facebook employee wrote in March, responding to the internal memo about the study. “It drives attention and attention equals eyeballs and eyeballs equal ad revenue.” In an emailed statement, Facebook said it has …

Facebook misinformation posts get six times more engagement than genuine news, finds study
3 years, 4 months ago

Facebook misinformation posts get six times more engagement than genuine news, finds study

India Today  

Facebook users liked, shared, and interacted six times more with misinformation posts on the platform as compared to genuine news sources, a new study has found. "The study helps add to the growing body of evidence that, despite a variety of mitigation efforts, misinformation has found a comfortable home - and an engaged audience - on Facebook," the report quoted …

Facebook slams Joe Biden after he claimed they were 'killing people' with COVID-19 misinformation
3 years, 5 months ago

Facebook slams Joe Biden after he claimed they were 'killing people' with COVID-19 misinformation

Daily Mail  

Facebook has defended itself against U.S. President Joe Biden's assertion that the social media platform is 'killing people' by allowing misinformation about coronavirus vaccines to proliferate. Zuckerberg V Biden: Facebook has hit back at President Biden after he accused the company of 'killing people' by allowing misinformation about the COVID-19 vaccine to circulate on its platform Facebook has defended itself …

Covid-hit stocks are surging on vaccination hopes
3 years, 7 months ago

Covid-hit stocks are surging on vaccination hopes

Live Mint  

Shares of airline, retail and hospitality companies, which have stagnated since the beginning of the year, have perked up recently, as investors expect a rebound in their fortunes as more Indians get vaccinated. Stocks of entertainment companies PVR Ltd, Eros International Media and Inox Leisure, which are still in the red since the beginning of the year, have gained 9.5%, …

Facebook to label vaccine posts to combat COVID-19 misinfo
3 years, 9 months ago

Facebook to label vaccine posts to combat COVID-19 misinfo

Associated Press  

LONDON — Facebook is adding informational labels to posts about vaccines as it expands efforts to counter COVID-19-related misinformation flourishing on its platforms. “For example, we’re adding a label on posts that discuss the safety of COVID-19 vaccines that notes COVID-19 vaccines go through tests for safety and effectiveness before they’re approved,” Zuckerberg said. “This announcement falls well short of …

Defying rules, anti-vaccine accounts thrive on social media
3 years, 9 months ago

Defying rules, anti-vaccine accounts thrive on social media

Associated Press  

With vaccination against COVID-19 in full swing, social platforms like Facebook, Instagram and Twitter say they’ve stepped up their fight against misinformation that aims to undermine trust in the vaccines. “It’s a hard situation because we have let this go for so long,” said Jeanine Guidry, an assistant professor at Virginia Commonwealth University who studies social media and health information. …

Facebook says it’s taking on Covid disinformation. So what’s all this?
3 years, 10 months ago

Facebook says it’s taking on Covid disinformation. So what’s all this?

Wired  

Getty Images / WIRED Bold black and red text screams “Do you know what’s in a VACCINE?” listing off alleged “toxic” ingredients in garish fonts of erratic sizes. Since Facebook updated its policies against Covid-19 misinformation on February 8, at least 3,200 posts containing the recently forbidden claims about Covid-19 vaccines have been posted on the site. These posts have …

Facebook steps up vaccine misinfo efforts. Will it work?
3 years, 11 months ago

Facebook steps up vaccine misinfo efforts. Will it work?

Associated Press  

As inoculation efforts for the coronavirus ramp up around the world, Facebook says it’s going all in to block the spread of bogus vaccine claims. Among Facebook’s new targets: claims include that vaccines aren’t effective or that they’re toxic, dangerous or cause autism, all of which have been thoroughly debunked for both the coronavirus vaccine and any other vaccine. The …

Facebook Widens Ban On COVID-19 Vaccine Misinformation In Push To Boost Confidence
3 years, 11 months ago

Facebook Widens Ban On COVID-19 Vaccine Misinformation In Push To Boost Confidence

NPR  

Facebook Widens Ban On COVID-19 Vaccine Misinformation In Push To Boost Confidence Enlarge this image toggle caption Iakovos Hatzistavrou/AFP via Getty Images Iakovos Hatzistavrou/AFP via Getty Images Facebook is expanding its ban on vaccine misinformation and highlighting official information about how and where to get COVID-19 vaccines as governments race to get more people vaccinated. Sponsor Message In December, Facebook …

Facebook to remove COVID-19 vaccine-related misinformation
4 years, 1 month ago

Facebook to remove COVID-19 vaccine-related misinformation

Associated Press  

LONDON — Facebook said Thursday it will start removing false claims about COVID-19 vaccines, in its latest move to counter a tide of coronavirus-related online misinformation. Britain this week became the first country to give emergency authorization for a vaccine developed by American drugmaker Pfizer and Germany’s BioNTech, and innoculations could start within days. Facebook said it’s applying a policy …

Facebook Bans Debunked Claims About COVID-19 Vaccines
4 years, 1 month ago

Facebook Bans Debunked Claims About COVID-19 Vaccines

NPR  

Facebook Bans Debunked Claims About COVID-19 Vaccines Enlarge this image toggle caption Ashley Landis/AP Ashley Landis/AP Facebook is banning claims about COVID-19 vaccines that have been debunked by public health experts, as governments prepare to roll out the first vaccinations against the virus. "For example, we will remove false claims that COVID-19 vaccines contain microchips, or anything else that isn't …

Facebook Bans Ads Discouraging Vaccines, In Latest Misinformation Crackdown
4 years, 2 months ago

Facebook Bans Ads Discouraging Vaccines, In Latest Misinformation Crackdown

NPR  

Facebook Bans Ads Discouraging Vaccines, In Latest Misinformation Crackdown Enlarge this image toggle caption Scott Eisen/Getty Images Scott Eisen/Getty Images Updated at 7:05 p.m. ET Facebook said on Tuesday it will ban anti-vaccination ads, following widespread pressure on the social network to curb harmful content. Under the new global policy, the company will no longer accept ads discouraging people from …

Facebook making money from firms targeting new parents with homeopathic ‘vaccine alternatives’, investigation finds
5 years, 2 months ago

Facebook making money from firms targeting new parents with homeopathic ‘vaccine alternatives’, investigation finds

The Telegraph  

Facebook is boosting its profits by allowing advertisers to cynically target new parents with homeopathic "vaccine alternatives", a Telegraph investigation has found. The social media giant is auctioning off advertising space for up to 18 pence per click to anyone peddling controversial homeopathic remedies beloved by anti-vaxxers. However, reporters at this newspaper found that the web giant still allows adverts …

Vaccine misinformation flourishes on Facebook, Instagram weeks after vowed crackdown
5 years, 9 months ago

Vaccine misinformation flourishes on Facebook, Instagram weeks after vowed crackdown

CNN  

New York CNN Business — Misinformation about vaccines continues to thrive on Facebook and Instagram weeks after the companies vowed to reduce its distribution on their platforms. On Instagram, Facebook pledged to no longer “show or recommend content that contains misinformation about vaccinations on Instagram Explore or hashtag pages.” But two weeks later, the issue still persists. When searching for …

Correction: Facebook-Vaccine Misinformation story
5 years, 10 months ago

Correction: Facebook-Vaccine Misinformation story

Associated Press  

NEW YORK — In a story March 7 about Facebook fighting vaccine information on its platform, The Associated Press reported erroneously that Facebook would remove groups and pages that spread misinformation about vaccinations. A corrected version of the story is below: Facebook steps up fight against vaccine misinformation Social media giant Facebook says it is hiding groups and pages that …

Facebook to target vaccine misinformation with focus on pages, groups, ads
5 years, 10 months ago

Facebook to target vaccine misinformation with focus on pages, groups, ads

CNN  

CNN — Facebook, the world’s largest social media site, will soon take aim against anti-vaxers. “These Groups and Pages will not be included in recommendations or in predictions when you type into Search,” Monika Bickert, Facebook’s vice president of global policy management, said in a statement. She added that when ads that include misinformation about vaccinations are found, “we will …

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