12:55:14 EST Wed 05 Feb 2025
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or Name
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CA



Meta CDR (CAD Hedged)
Symbol META
Shares Issued 9,000,000
Close 2025-01-08 C$ 33.83
Market Cap C$ 304,470,000
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FP/CP say Meta scrapping fact checkers

2025-01-09 07:34 ET - In the News

The Financial Post reports in its Thursday, Dec. 9, edition that experts are concerned that Meta's new community notes program, intended to replace its current fact-checking system, could worsen the spread of misinformation. A Canadian Press dispatch to the Post reports that they urge Meta to reconsider this change, as the user-reliant model has not been as effective as human fact-checkers. Kaitlynn Mendes, a sociology professor, expressed worry that reducing content moderation will lead to an increase in harmful and hateful content. In announcing the move to community notes, chief executive officer Mark Zuckerberg said he was guiding Meta "back to our roots around free expression" and away from fact checkers that "have just been too politically biased and have destroyed more trust than they have created, especially in the U.S." He said, "What started as a movement to be more inclusive has increasingly been used to shut down opinions and shut out people with different ideas, and it's gone too far." He said, "I want to make sure that people can share their beliefs and experiences on our platforms." The community notes system he sees as a solution will make its Meta debut in the U.S.

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