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Treat us like something between a telco and a newspaper, says Facebook’s Zuckerberg

Treat us like something between a telco and a newspaper, says Facebook’s Zuckerberg

MUNICH (Reuters) – Online content material must be regulated with a system someplace between the present guidelines used for the telecoms and media industries, Facebook (FB.O) CEO Mark Zuckerberg instructed international leaders and safety chiefs on Saturday.

Speaking on the Munich Security Conference in Germany, Zuckerberg stated Facebook had improved its work countering on-line election interference, and expanded on his earlier requires regulation of social media corporations.

“I do think that there should be regulation on harmful content … there’s a question about which framework you use for this,” Zuckerberg stated throughout a query and reply session.

“Right now there are two frameworks that I think people have for existing industries – there’s like newspapers and existing media, and then there’s the telco-type model, which is ‘the data just flows through you’, but you’re not going to hold a telco responsible if someone says something harmful on a phone line.”

“I actually think where we should be is somewhere in between,” he stated.

Facebook and social media giants together with Twitter (TWTR.N) and Alphabet’s Google (GOOGL.O) have come below rising strain to higher fight governments and political teams utilizing their platforms to unfold false and deceptive data.

Zuckerberg stated he now employed 35,000 individuals to evaluation on-line content material and implement safety measures.

Slideshow (four Images)

Those groups and Facebook’s automated expertise at the moment droop greater than 1 million pretend accounts every day, he stated, including that “the vast majority are detected within minutes of signing up.”

“Our budget is bigger today than the whole revenue of the company when we went public in 2012, when we had a billion users,” he stated.

“I’m proud of the results but we will definitely have to stay vigilant.”

Reporting by Jack Stubbs and Paul Carrel; Editing by Frances Kerry

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