Facebook said Friday that it will flag all “newsworthy” posts from politicians that break its rules, including those from President Donald Trump. Separately, Facebook’s stock dropped more than 8%, erasing roughly $50 billion from its market valuation, after the European company behind brands such as Ben & Jerry’s and Dove announced it would boycott Facebook ads through the end of the year over the amount of hate speech and divisive rhetoric on its platform. Later in the day, Coca-Cola also announced it joined the boycott for at least 30 days. CEO Mark Zuckerberg had previously refused to take action against Trump posts suggesting that mail-in ballots will lead to voter fraud, saying that people deserved to hear unfiltered statements from political leaders. Twitter, by contrast, slapped a “get the facts” label on them. Until Friday, Trump’s posts with identical wording to those labeled on Twitter remained untouched on Facebook, sparking criticism from Trump’s opponents as well as current and former Facebook employees. Now, Facebook is all but certain to face off with the president the next time he posts something the company deems to be violating its rules. “The policies we’re implementing today are designed to address the reality of the challenges our country is facing and how they’re showing up across our community,” Zuckerberg wrote on his Facebook page announcing the changes. Zuckerberg said the social network is taking additional steps to counter election-related misinformation. In particular, the social network will begin adding new labels to all posts about voting that will direct users to authoritative information from state and local election officials. Facebook is also banning false claims intended to discourage voting, such as stories about federal agents checking legal status at polling places. The company also said it is increasing its enforcement capacity to remove false claims about local polling conditions in the 72 hours before the U.S. election. Ethan Zuckerman, director of the Massachusetts Institute of Technology’s Center for Civic Media, said the changes are a “reminder of how powerful Facebook may be in terms of spreading disinformation during the upcoming election.” He said the voting labels will depend on how good Facebook’s artificial intelligence is at identifying posts to label. “If every post that mentions voting links, people will start ignoring those links. If they’re targeted to posts that say things like ‘Police will be checking warrants and unpaid traffic tickets at polls’ — a classic voter suppression disinfo tactic — and clearly mark posts as disinfo, they might be useful,” he said. But Zuckerman noted that Facebook “has a history of trying hard not to alienate right-leaning users, and given how tightly President Trump has aligned himself with voter-suppressing misinfo, it seems likely that Facebook will err on the side of non-intrusive and ignorable labels, which would minimize impact of the campaign.” Earlier in the day, shares of Facebook and Twitter dropped sharply after consumer-product maker Unilever announced a new ad boycott on Facebook, Twitter and Instagram through at least the end of the year. The European company said it took the move to protest the amount of hate speech online. Unilever said the polarized atmosphere in the United States ahead of November’s presidential election placed responsibility on brands to act. In addition to the decline in Facebook shares, Twitter ended the day more […]

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