Facebook is slipping after announcing it disabled more 583 million fake accounts (FB)

Facebook shares slid as much as 2% Tuesday morning after it announced it had disabled 583 million fake accounts over the last three months. The 583 million disabled accounts is down from the 694 million accounts Facebook disabled in the fourth-quarter of 2016. Facebook also recently published a community standards report, finally releasing the full internal guidelines its content moderators use to police the social network. Facebook had 2.2 billion monthly active users in the first-quarter of 2018, according to its latest earnings press release. …read more

Source:: Yahoo Finance

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