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Facebook to require authorization to post on pages with large U.S. audiences

Facebook Inc. FB, -1.55% stated Friday there can be new necessities for individuals who arrange Facebook pages with a "large U.S. audience," so that you could make it tougher to administer fake accounts. "Our goal is to prevent organizations and individuals from creating accounts that mislead people about who they are or what they're doing," Facebook stated. The other people managing the pages can be requested to complete an authorization process to stay posting, asking them to secure the account with two-factor authentication and to verify their primary country location. Those viewing the pages will see extra details of the folk managing the pages in the Info and Ads section. And in the coming weeks, Instagram will even introduce options that allow other people to see extra information about the accounts with huge audiences. The transfer comes after the corporate has confronted a backlash over using fake accounts to influence elections and consumer privateness considerations. The stock slumped 1.8% in afternoon business, amid a broad-market selloff. It has slipped three.1% over the past three months, whilst the Nasdaq Composite COMP, -0.67% has gained 5.7% and the S&P 500 SPX, -0.71% has tacked on three.nine%.

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