Facebook CEO on Ad Transparency Regulation: “Very Good If It’s Done Wel
Social Media

Facebook CEO on Ad Transparency Regulation:

Here is What Zuck Has To Say About Ad Transparency Regulation

https://dk2dyle8k4h9a.cloudfront.net/Facebook CEO on Ad Transparency Regulation:

Top Companies

01.
InMobi
Singapore
02.
Dot Com Infoway
New York, USA
03.
M&C Saatchi Mobile
New York City, USA
04.
Techmagnate
New Delhi, India
05.
Fetch
London, UK
View full report
Updated On
November 02, 2017 11:27 PM
4 min read

Latest Articles

The giant social networking site has left no stone unturned in order to extend its support for ad transparency. The CEO Mark Zuckerberg quoted, “We’re working with Congress on legislation to make advertising more transparent. I think this would be very good if it’s done well” the CEO said on a Facebook Q3 earnings call. “And even without legislation, we’re already moving forward on our own to bring advertising on Facebook to an even higher standard of transparency than ads on TV or other media.”

{IRP}

The giant social media site’s CEO voiced his views as “I’ve expressed how upset I am that Russians used our tools to sow distrust . . . What they did is wrong, and we’re not going to stand for it.” Further, he added, when Facebook decides to accomplish something, it gets done even if it takes time and efforts. He also quoted how Facebook smashed Google+ and Snapchat quoting, “We’re bringing the same intensity to these security issues that we brought to any adversary or challenge that we’ve faced.”

Zuckerberg further addressed the issue as “We’re serious about preventing abuse on our platforms. We’re investing so much in security that it will impact our profitability. Protecting our community is more important than maximizing our profits.”  

Facebook specifically plans to grow from 45% currently to 60% in regards to the expenses as the social media giant has invested hugely on thwarting Russian election attackers. Facebook has been rapidly self-regulating the idea of implementing ads following the Russian interference in the US election using Facebook ads. Meanwhile, Facebook CEO is all set to add more to the expense estimated in the wake of increasing funds for security purposes on its platform.

{IRP}

In the light of the discussion, Facebook CFO David Wehner added, the funds have also been included for its watch tab in order to authentic video and the content. Additionally, it will also raise the funds amount for the research on artificial intelligence, augmented reality and for the elements of Oculus too. The increased funds will be used to expand and hire 10,000 content and ad moderators for extensive campaigns. Meanwhile, the giant social networking site has also increased funds for introducing a series of innovative features for the users to delight them with the existing features.

Till date, Facebook stands by its issue-related ads in order to support its free speech policy. The platform gives the freedom to users to voice their opinion on its podium but it never encourages the use of derogatory words. In order to keep an eye on the quality of the content and fake profiles, Facebook has been regulating a number of techniques to serve content with quality to the users.  

{IRP}

The quality of the content and the elements of privacy policy have always remained one important for the social networking giant. And, In the wake of the similar event, Facebook’s vice president of ads has also poured in views, as "deeply committed to helping protect the integrity of the electoral process on Facebook. And we will continue to work with our industry partners, lawmakers and our entire community to better ensure transparency and accountability in our advertising products."

For the Latest Mobile App Technology News and Reviews, follow MobileAppDaily on Twitter, Facebook, LinkedIn, Instagram and Flipboard

Joshua Anderson
Written By
Joshua Anderson

Joshua is a writer at MobileAppDaily and also works as a reporter for the team to keep our readers up to date. He is breaking the mobile app technology news for MobileAppDialy since 2016 and has more than 4 years of experience as a tech blogger.

Social Media

Tumblr CEO David Karp Getting Onto the Back Foot: Decided to Leave the Company

James Lawson 4 min read  

After nurturing $4.5 current worth company, CEO David Karp has decided to leave the company for the reasons not known yet. Tumblr as a blogging service was founded back in 2007 and has earned a remarkable status since then. Karp’s announcement to leave the company has come at a point in time w

Social Media

Is WhatsApp Finally Getting The Dark Mode?

Vikram Khajuria 2 min read  

The dark mode seems to be getting on priority for social media platforms. Recently, YouTube and Twitter came up with its dark mode for Android and the reports of a similar feature coming on WhatsApp is making rounds in the market.According to some rumors, WhatsApp is working on dark mode, which

Social Media

Facebook Added 360-Degree Image Capturing Feature in The App

Joshua Anderson 4 min read  

The social media giant integrated another stunning feature to the platform which allows the user to capture 360-degree photos. Facebook already has shown its interest in the 360-degree images and videos by enabling the users to see and share the 360-degree images and videos over the platform.

Social Media

A Guide On Instagram For Beginners

Meenakshi Mamgai 4 min read  

Getting started on Instagram? You must be having lots of queries, right? Don’t worry. When I started using Instagram, I too got confused about a lot of things. I had no idea, how to upload a video or even a photograph. I found it a little bit difficult as compared to Facebook. However, gradual