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WSJ: Facebook will test the algorithms on the subject of racial discrimination

Company Facebook intends to check whether the existing social networks algorithms can lead to discrimination on racial grounds and to remedy these defects, according to the Wall Steet Journal, citing individuals familiar with the situation.

The team, which will deal with issues of "equality and inclusion", was created in the company owned by Facebook and her Instagram app. As the newspaper notes, the experts intend to check algorithms, in particular, machine learning systems, affect national minorities.

Musk have bypassed several billionaires in the list of the richest people in the world

The founder of Tesla and SpaceX Elon Musk have bypassed several billionaires in the list of world's richest people, according to information on the website Bloomberg Billionaires Index.

Condition 49-the summer businessman from the United States increased by 6.1 billion on Friday and reached 70.5 billion. It is noted that this contributed to the rise in the stock prices of Tesla, about a fifth of which belongs to the Mask 11 percent.

Media reported that Facebook may ban political advertising

The management of the company Facebook is considering a ban on placement of political advertising on the social network before the US presidential elections in November this year, reports Bloomberg, citing sources.

According to the Agency, the possible ban is still under discussion. On the one hand, it can protect users from election-related content, which can be misleading. However, the administration of Facebook, there are concerns that the ban on advertising may have a negative impact on the campaign to ensure the attendance or restrict the ability of candidates to respond to the latest news or new information.

Human rights organizations are urged to continue to boycott Facebook

Several human rights organizations are urged to continue advertising boycott Facebook after meeting with company executives, which showed the lack of real action to combat hate and misinformation on the platform, said in a statement the head of the nongovernmental organization Free Press Jessica Gonzalez.

Earlier, the national Association for the advancement of colored people (NAACP), the ACLU, Color of Change, the human rights organization anti-defamation League of the USA (ADL) and other human rights activists have urged the business to discontinue to advertise on Facebook in July, to protest over "publications with hatred, violence and racism." After that, the company North Face, Coca-Cola, PepsiCo, Unilever, Starbucks, Volkswagen and SAP said that they would not advertise with Facebook and some other social networks.

Media: a number of major companies suspended their advertising in Facebook

The Adidas company with its subsidiary Reebok, as well as the auto giant Ford and several other companies joined the boycott Facebook, halting advertising in its social networks, told television channel CNBC.

According to him, until the end of July to suspend advertising in Facebook and Instagram of Adidas and Reebok, which announced its intention to develop criteria that will make both themselves and their partners "responsible for creating and maintaining a safe environment". Ford in the next 30 days also will not post ads to assess their presence on platforms Facebook.

PepsiCo joined the advertising boycott of Facebook

The American company PepsiCo joined the boycott of Facebook, it will no longer advertise on the social network, informs television channel Fox News, citing informed sources.

Earlier, the national Association for the advancement of colored people (NAACP), the organization for the protection of civil rights, Color of Change, the human rights organization "anti-defamation League of the United States" (ADL) and other human rights activists urged the company to cease to advertise on Facebook in July, to protest due to the lack of regulation of such content. On Friday, the company North Face has announced that it will not post to Facebook advertising because "publications with hatred, violence and racism" in the social network. Later, one of the largest U.S. Telecom operator Verizon Communications Inc has joined the boycott, refusing advertising in Facebook and Instagram. A similar statement was made by the company Unilever.

Media have estimated the damages to Zuckerberg because of the refusal of companies from advertising in Facebook

The head of Facebook mark Zuckerberg has lost about $ 7.2 billion due to the fact that a number of companies have decided to boycott the publication of advertising in social networking Corporation, reports Bloomberg.

Earlier, the national Association for the advancement of colored people (NAACP), the organization for the protection of civil rights, Color of Change, the human rights organization "anti-defamation League of the United States" (ADL) and other human rights activists urged the company to cease to advertise on Facebook in July, to protest due to the lack of regulation of such content. On Friday, the company North Face has announced that it will not post to Facebook advertising because "publications with hatred, violence and racism" in the social network. Later, one of the largest U.S. Telecom operator Verizon Communications Inc has joined the boycott, refusing advertising in Facebook and Instagram. A similar statement was made by the company Unilever.

Coca-Cola suspends advertising in all social networks

The world's largest manufacturer of soft drinks Coca-Cola Company at least 30 days suspends advertising in all social networks on the background of the boycott, announced by Facebook, the statement said chief Executive officer James Quincy, published on the website of the company.

The head of the Coca-Cola Company added that during this time the company's management will review the advertising policy and will determine whether to make changes.

Facebook ban hate in advertising

The head of Facebook mark Zuckerberg said Friday that the company will prohibit hate speech in ads on the social network, and will also be tagging posts that may deserve attention or to be valuable to the public interest, but it violates company policy.

In addition, Facebook is expanding a policy to better protect

Facebook has introduced the ability to turn off the political ads

The company has launched a Facebook campaign to raise awareness about the upcoming presidential election in the United States and introduced the possibility of disabling political advertising, said the founder of social network mark Zuckerberg.

"We announce on Wednesday, the largest in American history, campaigns to inform about the vote. Our goal is to help 4 million people to register to vote," wrote Zuckerberg in the material published in the newspaper USA Today.

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