Facebook Hiring 1,000 to Review Ads Amid Russia Political Scandal

The company plans on fighting election interference through adss

By Karl Utermohlen, InvestorPlace Writer


Facebook Inc (NASDAQ:FB) announced it will hire 1,000 workers to review ads found on the social media site moving forward.

Source: Facebook

The decision to hire more employees comes following the revelation that a Russian company shelled out money to release ads on Facebook to influence the U.S. election. All in all, more than 3,000 ads were bought by a single Russian company.

“Many appear to exploit racial and social divisions and exploit ugly stereotypes. We find this interference deeply offensive” a Facebook spokesperson wrote Monday morning.

The move follows a recent announcement by Facebook CEO Mark Zuckerberg, asking the social media site’s users to forgive him for allowing these damaging ads to roam the website during election season.

The company plans on sharing the 3,000 emails with congressional investigators, saying “Facebook’s disclosure to the House and Senate Intelligence Committees and the Senate Judiciary Committee will include information on the ads’ content and targeting as well as the accounts that paid approximately $100,000 for them to run between 2015 and 2017 in the U.S.”

“It previously announced these ads were tied to 470 accounts and Pages ‘associated with a Russian entity known as the Internet Research Agency.'”

FB stock fell 0.7% Monday.

The opinions contained in this column are solely those of the writer.
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