🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Facebook, Instagram globally demoting posts from Russian state media -Meta

Published 03/01/2022, 12:43 PM
Updated 03/01/2022, 01:32 PM
© Reuters. FILE PHOTO: Meta logo is placed on a Russian flag in this illustration taken February 26, 2022. REUTERS/Dado Ruvic/Illustration
META
-

By Elizabeth Culliford and Sheila Dang

(Reuters) - Meta Platforms is globally demoting content from Russian state-controlled media outlets' Facebook (NASDAQ:FB) pages and Instagram accounts, as well as posts containing links to those outlets on Facebook, the company's head of global affairs said on Tuesday.

Tech and social media companies have faced pressure to respond to last Thursday's invasion of Ukraine by Russia, which has led to economic sanctions against Moscow by governments around the world.

Meta's Nick Clegg told reporters during a conference call that the company had seen a "definitely discernable" degradation of its services in Russia since authorities there announced they would restrict Meta's platforms. Video and other multimedia content had particularly been affected, Clegg said.

Meta had been in "protracted discussions" with Russia's communications regulator Roskomnadzor over its new law that requires some foreign internet companies to open offices in Russia, Clegg added. He called some of the provisions under the new law "disproportionate."

Meta, along with Twitter (NYSE:TWTR) and Alphabet (NASDAQ:GOOGL)'s Google, face possible punitive measures in Russia because they have not yet complied.

© Reuters. FILE PHOTO: Meta logo is placed on a Russian flag in this illustration taken February 26, 2022. REUTERS/Dado Ruvic/Illustration

On Monday, Meta said it would restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union.

Clegg said the company had also received requests from governments outside of the European Union to block Russian state media. He said he was not aware of such a request from the United States government.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.