Social media giant Facebook (FB) on Thursday said that it was "starting something new," via a blog post on its website.
Facebook wants to broaden the conversation on how it can take more seriously its responsibility and accountability regarding their impact and influence.
As its platform grows to reach over 2 billion users worldwide, Facebook said that it faces challenging new questions including how "to safeguard personal privacy online, to the meaning of the free expression, to the future of journalism worldwide."
Facebook posted the following questions it said it is currently wrestling with to enhance its platform:
- How should platforms approach keeping terrorists from spreading propaganda online?
- After a person dies, what should happen to their online identity?
- How aggressively should social media companies monitor and remove controversial posts and images from their platforms? Who gets to decide what's controversial, especially in a global community with a multitude of cultural norms?
- Who gets to define what's false news - and what's simply controversial political speech?
- Is social media good for democracy?
- How can we use data for everyone's benefit, without undermining people's trust?
- How should young internet users be introduced to new ways to express themselves in a safe environment?
What's Hot on TheStreet
Beware Tesla fanboys: Tesla (TSLA) burning money, but shareholders are the likely ones to blister and feel the pain. The standard 90-day corporate equity lockup period for Tesla, following its $402.5 million stock sale of March 16, ends Thursday TheStreet reports. As a result, Tesla will be free to conduct another stock offering as soon as Thursday, which is a real possibility given the electric car company's debt situation, partly due to its Solar City investment, and need for additional cash. Any new issuance the company may seek would likely need to take place before July, which is when Tesla issues its quarterly report on car sales. Alternatively, an offering could come in late August after Tesla issues its quarterly financial report.
Shares could start to come under pressure.
Mining stocks get whipped: Global mining stocks found themselves in a hole Thursday TheStreet reports, after South Africa's government said that at least 30% of domestic mining assets should be black-owned even if previous black owners sell their stakes. South African-exposed mining companies fell sharply in the wake of the announcement. London-listed Anglo American plc (AAUKF) tumbled 4.4% to 1,013 pence ($23.87) a share, South32 Ltd fell 4% to 158 pence, BHP Billiton plc (BHP) was down 2% to 1,155 pence, Rio Tinto (RIO) fell 2% to 3,079 pence and Glencore plc (GLNCY) fell 2.6% to 279.2 pence. South African gold producers were hit even harder. Sibanye Gold Ltd. (SBGLF) plummeted 6.7% to 1,562 South African rand ($121.38) and AngloGold Ashanti Ltd. (AU) fell 4.8% to 14,015 rand.
Amazon eyes a new prize: Amazon (AMZN) may be preparing a deal to buy Slack Technologies in a deal that could value the messaging startup group at more than $9 billion, TheStreet points out. With Microsoft's (MSFT) deal for LinkedIn being well-received, this deal seems logical for an Amazon that is aggressively expanding into the cloud.
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