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	<title>earnings report &#8211; EFR Technology Group</title>
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		<title>Mark Zuckerberg still won&#8217;t ban &#8216;political&#8217; ads from Facebook</title>
		<link>https://www.efrtechgroup.com/tech/mark-zuckerberg-still-wont-ban-political-ads-from-facebook/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Wed, 30 Oct 2019 22:16:00 +0000</pubDate>
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					<description><![CDATA[[ad_1] He added that, while it may be easier for Facebook to &#8220;choose a different path,&#8221; it is more important to stand up for free speech and free expression. &#8220;We need to be careful about adopting more rules that can restrict what people can say,&#8221; he said. &#8220;I don&#8217;t think it&#8217;s right for politicians to [&#8230;]]]></description>
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<p>He added that, while it may be easier for Facebook to &#8220;choose a different path,&#8221; it is more important to stand up for free speech and free expression. &#8220;We need to be careful about adopting more rules that can restrict what people can say,&#8221; he said. &#8220;I don&#8217;t think it&#8217;s right for politicians to be censored.&#8221; Zuckerberg&#8217;s statements come in light of moves from <a href="https://www.engadget.com/2019/10/03/tiktok-political-ads/">TikTok</a> and <a href="https://www.engadget.com/2019/10/30/twitter-halts-all-political-advertising/">Twitter</a> to put a stop to all paid political ads on their services. &#8220;For instance, it&#8217;s not credible for us to say: &#8216;We&#8217;re working hard to stop people from gaming our systems to spread misleading info,'&#8221; said Twitter CEO Jack Dorsey on Wednesday, &#8220;buuut if someone pays us to target and force people to see their political ad&#8230;well&#8230;they can say whatever they want!&#8221;</p>
<p><img decoding="async" alt="Facebook News Tab" data-caption="Facebook CEO Mark Zuckerberg speaks about &quot;News Tab&quot; at the Paley Center, Friday, Oct. 25, 2019 in New York. The new feature in the Facebook mobile app will display headlines — and nothing else — from the Wall Street Journal, the Washington Post, BuzzFeed News, Business Insider, NBC, USA Today and the Los Angeles Times, among others.(AP Photo/Mark Lennihan)" data-credit="ASSOCIATED PRESS" data-credit-link-back="" data-dam-provider="Associated Press" data-local-id="local-1-471351-1572474997468" data-media-id="881c9a51-1dd4-320c-8dff-2e05d15ad3df" data-original-url="https://s.yimg.com/os/creatr-images/2019-10/b0bf3360-fb65-11e9-8ff3-bd5f8ca0485d" data-title="Facebook News Tab" src="https://www.efrtechgroup.com/wp-content/uploads/2019/10/Mark-Zuckerberg-still-wont-ban-political-ads-from-Facebook.jpeg"/></p>
<p>Dorsey didn&#8217;t mention Zuckerberg or Facebook by name, but he didn&#8217;t have to. It was clear where Twitter&#8217;s new policy came from. Since the 2016 US presidential election, when Facebook was abused by Russia to sow discord amongst Americans, the company has been <a href="https://www.engadget.com/2018/06/21/facebook-fact-checking-fake-news-fight/">promising to double down</a> on combating the spread of misinformation. And yet, at the same time, Facebook is allowing politicians to explicitly use ads to tell lies about their rivals. Zuckerberg said this isn&#8217;t a &#8220;political calculation&#8221; and that Facebook isn&#8217;t trying to appease conservative voices &#8212; it&#8217;s about protecting its values on free expression.</p>
<p>Despite what feels like an endless stream of controversies, though, Facebook has <a href="https://www.engadget.com/2019/07/24/facebook-will-pay-5-billion-fine-for-cambridge-analytica-data-b/">continued to rake in billions of dollars</a> year after year. And today it announced a revenue of $17.7 billion during the third quarter of 2019, a 28 percent increase over the same period a year ago. In addition to that, Facebook&#8217;s user base is still growing: daily and monthly active users were at 1.6 and 2.4 billion in Q3 2019, respectively, each up 8 percent year-over-year. Altogether, Zuckerberg said, around 2.8 billion people are now using at least one app from the Facebook family, which includes Instagram and WhatsApp.</p>
<p><span class="t-meta c-gray-4">Images: AP Photo/Mark Lennihan (Mark Zuckerberg)</span></p>
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<br /><a href="https://www.engadget.com/2019/10/30/facebook-political-ads-misinformation-mark-zuckerberg-q3-2019-earnings/">Source link </a></p>
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