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19 Sept 2021

Facebook Slams Wall Street Journal reports Allegations

The Index Today

Facebook Inc criticized articles published by Wall Street Journal labeling them as “deliberate mischaracterizations” and “conferred egregiously false motives to its leadership and employees.”
The review presented by Wall Street Journal included information sourced from a number of internal company documents such as reports, employee discussions online, drafts of presentations and more. WSJ stated that the social media platform has failed to address or fix any issues which were previously made known to the management.
According to the article, Facebook has been accused of exempting high-profile users from its rules and has understated the effects it has on young users. The company has deliberately altered the algorithms on its platform to make it more “angrier” and was not proactive in taking any steps to address concerns raised by employees over the apps misuse by drug traffickers in developing countries.
Facebook’s vice president, Nick Clegg responded by saying that the WSJ stories are incorrect and have been created to mischaracterize the company’s objectives. He termed the allegations as “just plain false” after they were accused of systematically ignoring findings which do not meet their interests.
Nick Clegg went on to say that Facebook understands the responsibility that comes with operating a large social media platform and works hard to benefit its users.

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