"Facebook is highly vulnerable, as fake news promoters are spamming their way to visibility for fake news through strategically gaming Facebook’s algorithms and publishing platform," the proposal states. "In light of the societal crisis generated by the explosion of fake news and related hate speech, failure to effectively manage this issue creates public policy risk," it said. The issue of fake news came to prominence during the US presidential election last year, when many inaccurate posts were widely shared on Facebook and other social media services. Facebook has said it is tackling the problem. Separately, shareholders also proposed a gender pay equality report be prepared by December.

Source: Bangkok Post April 15, 2017 02:15 UTC