Facebook fights fake news with guidelines for monetizing content

(Reuters) — Facebook said on Wednesday it would introduce tougher rules on who can make money from advertising on its network, responding to criticism that it makes it too easy for providers of fake news and sensational headlines to cash in. With immediate effect, the world’s largest social network will launch new standards to provide clearer guidance on which publishers are eligible to earn money on Facebook and with what content, Senior Vice President for Global Marketing Solutions Carolyn Everson said in a blog post. “There is absolutely no place on Facebook for hate speech or content that promotes violence or terrorism,” Everson said. Facebook will also step up its monitoring of hate speech, adding 3,000 content reviewers to nearly double the size of its existing team.

First found on: venturebeat.com