Facebook Inc. (FB) is trying to share more information with its users.

"We believe increased transparency tends to lead to increased accountability and responsibility," said Guy Rosen, Vice President of Product management in a blog post from its head of product on Tuesday, May 15. The post detailed the numbers on social media giant's enforcement of community standards for the first time.

Previously, the company had only released the internal guidelines it uses to regulate content.

"Our technology still doesn't work that well [for hate speech] and so it needs to be checked by our review teams. We removed 2.5 million pieces of hate speech in Q1 2018 -- 38% of which was flagged by our technology," said Rosen in the post.

On the other hand, Facebook has improved its ability to spot and disable fake accounts "within minutes of registration." Rosen wrote that almost 600 million accounts were disabled between January and March 2018.

On Monday, Facebook announced that it had suspended over 200 apps following reports in March that Cambridge Analytica had harvested user data without Facebook's permission.

Shares of Facebook were down 1% on Monday. They have recovered almost all of their losses experienced since news of the Cambridge Analytica data scandal first broke.

Facebook is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells FB? Learn more now.

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