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Facebook shareholders propose reports on 'fake news', pay equality

The issue of fake news came to prominence during the US presidential election last year

Facebook shareholders propose reports on ‘fake news’, pay equality
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Sangameswaran S | Reuters
Shareholders have proposed that Facebook prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made on Friday.

The proposal, which said Facebook had provided “a financial mechanism supporting fabricated content” on the internet, suggests the company review the issue broadly, including the extent to which it blocks fake posts, how its strategies impact free speech and how it evaluates claims in posts.

“Facebook is highly vulnerable, as fake news promoters are spamming their way to