Social Media

Facebook follows blue-chip playbook for stumbles

21 Nov 2016

The $340 bln social network launched a $6 bln buyback program as it wrestles with more ad-metric flubs, a fake-news problem and a slowing top line. Though Facebook can afford it, the timing suggests Mark Zuckerberg is addressing disruptive matters with old-school maneuvers.

Fake-news vortex envelops Corporate America

18 Nov 2016

Facebook's Mark Zuckerberg is no longer alone with the problem. In the days after the U.S. election, New Balance, Pepsi and Ford have been caught out by the spread of bogus information. Donald Trump's willingness to distort the truth creates a boardroom risk that is all too real.

Viewsroom: Should Facebook root out fake news?

17 Nov 2016

The social network is under fire for allowing erroneous and downright misleading media reports on its platform that may have swayed the U.S. presidential election. Meanwhile, Canada and Mexico prepare for a Donald Trump presidency. And Warren Buffett eats his words on airlines.

Facebook faces its own fake-news Twitter problem

14 Nov 2016

Mark Zuckerberg denies the social network helped elect Donald Trump because of made-up articles. Yet Facebook regularly boasts to advertisers about its influence over nearly 2 bln users. Like toxic tweets, allowing hoaxes to flourish has the potential to dent its business model.