Facebook Inc (NASDAQ:FB) Faces New Wave Of Criticism Over Alleged Involvement Of Russians In U.S Presidential Elections


Facebook Inc (NASDAQ:FB) has once again found itself on the receiving end of backlash over the allegations of the involvement of Russians in the manipulation of social media platform to influence the outcome of the U.S Presidential elections.

A Russian company called the Internet Research Agency reportedly took advantage of social media platform from major companies including Facebook, Twitter Inc (NYSE:TWTR) and YouTube which is owned by Alphabet Inc (NASDAQ:GOOGL). The latest controversy revolving was sparked by a Twitter thread posted by Facebook’s VP of ads, Rob Goldman but the tweets ended up causing backlash.

Goldman’s posts had contents touching on the indictment of 13 Russian firms and individuals that were accused of undertaking activities aimed at destabilizing the 2016 elections. The indictment mentioned Facebook as the main channel that was used by the Russians to push their agenda of supporting Donald Trump.

The Facebook executive supported defended his company through the tweets stating that the Russians acquired ads on the social platform but that they were not necessarily used to sway the elections. The tweets went viral on Saturday after President Trump described them as evidence that the Russians did not use their campaign to give him victory.

“Most of the coverage of Russian meddling involves their attempt to affect the outcome of the 2016 US election. I have seen all of the Russian ads and I can say very definitively that swaying the election was *NOT* the main goal,” stated Goldman.

Rather than dialing down the criticism, the tweets seem to have made things worse because the message from the tweets was considered to be in support of President Trump and that it was rubbishing the work carried out by the investigating committee. The tweets were, in fact, revealing that foreign elements were on a mission to plunge the American public into an information war. It also shows that some of Facebook’s officials still do not understand the impact of the mistake that the company made as far as fake news were concerned. In any case, Facebook still views itself as the victim of the story.


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Facebook stock closed the latest trading session on Monday at $ 1,095.50.


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