Facebook will block Ads from Pages that spread false news

Facebook is taking the fight against false news and hoaxes a notch higher. Facebook will from now on block ads or boosted posts from pages that shares stories that are marked as false news. Facebook uses third party fact checking organizations for fact checking of stories shared on their platform.
According to Facebook, This update will help to reduce the distribution of false news which will keep Pages that spread false news from making money. We’ve found instances of Pages using Facebook ads to build their audiences in order to distribute false news more broadly. Now, if a Page repeatedly shares stories that have been marked as false by third-party fact-checkers, they will no longer be able to buy ads on Facebook. If Pages stop sharing false news, they may be eligible to start running ads again.
Facebook is using a three pronged attack against false news: The first is to disrupt the economic incentives to create false news. The 2nd is to build new products to curb the spread of false news and the final one is to help people make more informed decisions when they encounter false news. This update is aimed at disrupting the economic incentives of creating false news in the hope that it will discourage people against spreading false news, Facebook also hopes that by doing so, it will be helping people to make informed decisions.

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