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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook    FB

FACEBOOK

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Facebook : says removes 265 'fake accounts' linked to Israel

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05/16/2019 | 02:43pm EDT
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc's F8 developers conference in San Jose

JERUSALEM (Reuters) - Facebook said on Thursday it had removed 265 Facebook and Instagram accounts, pages, groups and events linked to Israel due to what it called "inauthentic behaviour" targeting users in Southeast Asia, Latin America and Africa.

The move is part of wider efforts by Facebook to address concerns over privacy lapses and hate speech in social media.

Facebook said the "inauthentic" activity originated in Israel and focused on Nigeria, Senegal, Togo, Angola, Niger and Tunisia as well as in Latin America and Southeast Asia.

"The people behind this network used fake accounts to run pages, disseminate their content and artificially increase engagement," Nathaniel , head of cybersecurity policy at Facebook said in a statement.

He identified Israel's Archimedes Group as the source of some of the activity. "This organization and all its subsidiaries are now banned from Facebook, and it has been issued a cease and desist letter," said Gleicher.

Archimedes was not immediately available for comment

Gleicher said Archimedes had 65 Facebook accounts, 161 pages, 12 events and four Instagram accounts. Some 2.8 million accounts followed one or more of these pages.

He said that the individuals involved also represented themselves as locals, including local news organizations, and published allegedly leaked information about politicians.

"The page administrators and account owners frequently posted about political news, including topics like elections in various countries, candidate views and criticism of political opponents," Gleicher said. "We’re taking down these pages and accounts based on their behaviour, not the content they posted."

He added that around $812,000 was spent for advertisements on Facebook paid for in Brazilian reals, Israeli shekels and U.S. dollars with the first ad running in 2012 and the most recent last month, Gleicher said.

"We have shared information about our analysis with industry partners and policymakers," he said.

(The story corrects headline and first paragraph to show accounts linked to Israel, not one Israeli company)

(Reporting by Steven Scheer; editing by Emelia Sithole-Matarise)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / ISRAELI NEW SHEKEL (EUR/ILS) 0.46% 3.8964 End-of-day quote.-4.86%
FACEBOOK 1.06% 190.14 Delayed Quote.45.05%
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Financials (USD)
Sales 2019 70 251 M
EBIT 2019 24 007 M
Net income 2019 17 666 M
Finance 2019 51 849 M
Yield 2019 -
P/E ratio 2019 31,0x
P/E ratio 2020 20,1x
EV / Sales2019 6,98x
EV / Sales2020 5,56x
Capitalization 542 B
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Technical analysis trends FACEBOOK
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TrendsBullishNeutralBullish
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 50
Average target price 231,80  $
Last Close Price 190,14  $
Spread / Highest target 39,4%
Spread / Average Target 21,9%
Spread / Lowest Target -36,9%
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Managers
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
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