Facebook, Twitter Join Network to Tackle Fake News
Several large digital media companies plan to come together to help create some sort of system to help validate and check news stories. This also means the checking and removal of malicious or extremist content, something already being done by twitter.
I believe that this is a step in the right direction to make the online world a lot safer and more reliable, however the removal of certain accounts and content because of online regulations is arguably a breach of the freedom of speech act and takes power away from the people. Although if done properly it could be successful in removing extreme material.
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