Facebook to overhaul political ads after threat of U.S. regulationSAN FRANCISCO (Reuters) - Facebook Inc (FB.O) on Thursday launched an overhaul of how it handles paid political advertisements, giving a concession to U.S. lawmakers who have threatened to regulate the world s largest social network over secretive ads that run during election campaigns. The company also said it would turn over to congressional investigators the 3,000 political ads that it says were likely purchased by Russian entities during and after the 2016 U.S. presidential election.  Chief Executive Mark Zuckerberg said the company, for the first time, would now make it possible for anyone to see any political ads that run on Facebook, no matter whom they target.  Facebook will also demand that political advertisers disclose who is paying for the advertisements, a requirement that under U.S. law applies to political ads on television but not on social media.   We will work with others to create a new standard for transparency in online political ads,  Zuckerberg said.  Zuckerberg, broadcasting live on Facebook from company headquarters in Menlo Park, California, said the changes would help address concerns that governments including Russia are using Facebook ads to meddle in other countries  elections. Earlier this month, Facebook said an internal review had shown that an operation likely based in Russia spent $100,000 on 3,000 Facebook ads promoting divisive messages in the months before and after last year s U.S. presidential election. The company initially declined to turn over details on the ads to Congress. U.S. congressional investigators and special counsel Robert Mueller are examining alleged Russian election interference, which Moscow has denied. Investigators are interested in other companies as well. Representatives for Twitter Inc (TWTR.N) are set to meet next week with staff from the Senate Intelligence Committee in relation to inquiries into the 2016 election.  Representative Adam Schiff, the top Democrat on the House Intelligence Committee, said on Thursday that he wants to hear from Facebook, Alphabet Inc s (GOOGL.O) Google, Twitter and others in public hearings.   It will be important for the committee to scrutinize how rigorous Facebook s internal investigation has been, to test its conclusions and to understand why it took as long as it did,  Schiff said in a statement. The political advertising changes represent a retreat for Facebook, which for years has resisted calls from transparency advocates and academics for the regulation of political ads. The company has instead treated them like all commercial ads. In the days after the November 2016 U.S. election, Zuckerberg said it was a  crazy idea  to think that misinformation on Facebook swayed the vote toward President Donald Trump.  Senator Mark Warner, the vice chairman of the Senate Intelligence Committee, this month compared political ads on social media to the  wild, wild West  and said legislation might be needed to address them.  The U.S. Federal Election Commission last week sought public comment on possible regulatory changes to digital ads and considered whether to call Facebook and other tech firms before the commission for a public hearing.  Facebook has grown to be the leading online platform for political ads because of its low costs and tools for targeting messages to narrow audiences.  U.S. political campaigns likely spent $300 million on Facebook ads during the 2016 election cycle, according to Nomura analysts, though the exact amount is unknown.  It remained unclear whether Facebook s voluntary changes would satisfy demands for government action.  Warner and another senator, Democrat Amy Klobuchar, on Thursday sent a letter to colleagues inviting them to be co-sponsors of legislation they are writing that would formalize and expand the commitments Zuckerberg made.  The legislation, they wrote, would require digital platforms with 1 million or more users to maintain a publicly available file of all election-related ads bought by people who spend more than $10,000, according to a copy of the letter seen by Reuters.  Trevor Potter, president of the pro-transparency Campaign Legal Center, said in a statement that his group would  carefully monitor Facebook s implementation of this new policy.  He said Facebook  helped create the secrecy that gave rise to foreign interference in the 2016 elections.  In the past, Facebook has argued that ad details had to remain confidential unless released by the advertisers. Zuckerberg, who returned to work on Thursday after a month of paternity leave, laid out other steps the company would take to prevent governments from using Facebook to manipulate each other s elections.  He said Facebook would hire 250 additional people; expand partnerships with election commissions around the world; and adapt systems to help deter political bullying.  Facebook has not found an attempt at election-meddling in Germany, Zuckerberg said, but he added that the company would continue to examine fake accounts that it has removed in advance of Sunday s German national election.   I don t want anyone to use our tools to undermine democracy. That s not what we stand for,  Zuckerberg said.  Facebook General Counsel Colin Stretch said in a blog post on Thursday that it was unusual for Facebook to voluntarily turn over information to government authorities, as it was doing by giving U.S. lawmakers copies of ads. The company has long had a rigid policy of refusing to turn over any user information without a court order or other legal process.   But ultimately, Stretch wrote,  We believe the public deserves a full accounting of what happened in the 2016 election.  worldnews
facebook overhaul political ads threat regulations francisco reuters facebook inc thursday launched overhaul handles paid political advertisements giving concession lawmakers threatened regulate world largest social network secretive ads run election campaigns the company also said would turn congressional investigators political ads says likely purchased russian entities presidential election chief executive mark zuckerberg said company first time would make possible anyone see political ads run facebook matter target facebook also demand political advertisers disclose paying advertisements requirement law applies political ads television social media we work others create new standard transparency online political ads zuckerberg said zuckerberg broadcasting live facebook company headquarters men park california said changes would help address concerns governments including russia using facebook ads middle countries elections earlier month facebook said internal review shown operation likely based russia spent facebook ads promoting divisive messages months last year presidential election the company initially declined turn details ads congress congressional investigators special counsel robert mueller examining alleged russian election interference moscow denied investigators interested companies well representatives twitter inc set meet next week staff senate intelligence committee relation inquiries election representative adam chief top democrat house intelligence committee said thursday wants hear facebook alphabet inc google twitter others public hearings it important committee scrutinized rigorous facebook internal investigation test conclusions understand took long chief said statement the political advertising changes represent retreat facebook years resisted calls transparency advocates academics regulation political ads the company instead treated like commercial ads in days november election zuckerberg said crazy idea think misinformation facebook swayed vote toward president donald trump senator mark warner vice chairman senate intelligence committee month compared political ads social media wild wild west said legislation might needed address the federal election commission last week sought public comment possible regulatory changes digital ads considered whether call facebook tech firms commission public hearing facebook grown leading online platform political ads low costs tools targeting messages narrow audiences political campaigns likely spent million facebook ads election cycle according noma analysts though exact amount unknown it remained unclear whether facebook voluntary changes would satisfy demands government action warner another senator democrat amy klobuchar thursday sent letter colleagues inviting legislation writing would normalize expand commitments zuckerberg made the legislation wrote would require digital platforms million users maintain publicly available file ads bought people spend according copy letter seen reuters trevor potter president campaign legal center said statement group would carefully monitor facebook implementation new policy he said facebook helped create secrecy gave rise foreign interference elections in past facebook argued ad details remain confidential unless released advertisers zuckerberg returned work thursday month paternity leave laid steps company would take prevent governments using facebook manipulate elections he said facebook would hire additional people expand partnerships election commissions around world adapt systems help deter political bullying facebook found attempt germany zuckerberg said added company would continue examine fake accounts removed advance sunday german national election i want anyone use tools undermine democracy that stand zuckerberg said facebook general counsel colin stretch said blog post thursday unusual facebook voluntarily turn information government authorities giving lawmakers copies ads the company long rigid policy refusing turn user information without court order legal process but ultimately stretch wrote we believe public deserves full accounting happened election worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Facebook to overhaul political ads after threat of U.S. regulationSAN FRANCISCO (Reuters) - Facebook Inc (FB.O) on Thursday launched an overhaul of how it handles paid political advertisements, giving a concession to U.S. lawmakers who have threatened to regulate the world s largest social network over secretive ads that run during election campaigns. The company also said it would turn over to congressional investigators the 3,000 political ads that it says were likely purchased by Russian entities during and after the 2016 U.S. presidential election.  Chief Executive Mark Zuckerberg said the company, for the first time, would now make it possible for anyone to see any political ads that run on Facebook, no matter whom they target.  Facebook will also demand that political advertisers disclose who is paying for the advertisements, a requirement that under U.S. law applies to political ads on television but not on social media.   We will work with others to create a new standard for transparency in online political ads,  Zuckerberg said.  Zuckerberg, broadcasting live on Facebook from company headquarters in Menlo Park, California, said the changes would help address concerns that governments including Russia are using Facebook ads to meddle in other countries  elections. Earlier this month, Facebook said an internal review had shown that an operation likely based in Russia spent $100,000 on 3,000 Facebook ads promoting divisive messages in the months before and after last year s U.S. presidential election. The company initially declined to turn over details on the ads to Congress. U.S. congressional investigators and special counsel Robert Mueller are examining alleged Russian election interference, which Moscow has denied. Investigators are interested in other companies as well. Representatives for Twitter Inc (TWTR.N) are set to meet next week with staff from the Senate Intelligence Committee in relation to inquiries into the 2016 election.  Representative Adam Schiff, the top Democrat on the House Intelligence Committee, said on Thursday that he wants to hear from Facebook, Alphabet Inc s (GOOGL.O) Google, Twitter and others in public hearings.   It will be important for the committee to scrutinize how rigorous Facebook s internal investigation has been, to test its conclusions and to understand why it took as long as it did,  Schiff said in a statement. The political advertising changes represent a retreat for Facebook, which for years has resisted calls from transparency advocates and academics for the regulation of political ads. The company has instead treated them like all commercial ads. In the days after the November 2016 U.S. election, Zuckerberg said it was a  crazy idea  to think that misinformation on Facebook swayed the vote toward President Donald Trump.  Senator Mark Warner, the vice chairman of the Senate Intelligence Committee, this month compared political ads on social media to the  wild, wild West  and said legislation might be needed to address them.  The U.S. Federal Election Commission last week sought public comment on possible regulatory changes to digital ads and considered whether to call Facebook and other tech firms before the commission for a public hearing.  Facebook has grown to be the leading online platform for political ads because of its low costs and tools for targeting messages to narrow audiences.  U.S. political campaigns likely spent $300 million on Facebook ads during the 2016 election cycle, according to Nomura analysts, though the exact amount is unknown.  It remained unclear whether Facebook s voluntary changes would satisfy demands for government action.  Warner and another senator, Democrat Amy Klobuchar, on Thursday sent a letter to colleagues inviting them to be co-sponsors of legislation they are writing that would formalize and expand the commitments Zuckerberg made.  The legislation, they wrote, would require digital platforms with 1 million or more users to maintain a publicly available file of all election-related ads bought by people who spend more than $10,000, according to a copy of the letter seen by Reuters.  Trevor Potter, president of the pro-transparency Campaign Legal Center, said in a statement that his group would  carefully monitor Facebook s implementation of this new policy.  He said Facebook  helped create the secrecy that gave rise to foreign interference in the 2016 elections.  In the past, Facebook has argued that ad details had to remain confidential unless released by the advertisers. Zuckerberg, who returned to work on Thursday after a month of paternity leave, laid out other steps the company would take to prevent governments from using Facebook to manipulate each other s elections.  He said Facebook would hire 250 additional people; expand partnerships with election commissions around the world; and adapt systems to help deter political bullying.  Facebook has not found an attempt at election-meddling in Germany, Zuckerberg said, but he added that the company would continue to examine fake accounts that it has removed in advance of Sunday s German national election.   I don t want anyone to use our tools to undermine democracy. That s not what we stand for,  Zuckerberg said.  Facebook General Counsel Colin Stretch said in a blog post on Thursday that it was unusual for Facebook to voluntarily turn over information to government authorities, as it was doing by giving U.S. lawmakers copies of ads. The company has long had a rigid policy of refusing to turn over any user information without a court order or other legal process.   But ultimately, Stretch wrote,  We believe the public deserves a full accounting of what happened in the 2016 election.  worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: facebook overhaul political ads threat regulations francisco reuters facebook inc thursday launched overhaul handles paid political advertisements giving concession lawmakers threatened regulate world largest social network secretive ads run election campaigns the company also said would turn congressional investigators political ads says likely purchased russian entities presidential election chief executive mark zuckerberg said company first time would make possible anyone see political ads run facebook matter target facebook also demand political advertisers disclose paying advertisements requirement law applies political ads television social media we work others create new standard transparency online political ads zuckerberg said zuckerberg broadcasting live facebook company headquarters men park california said changes would help address concerns governments including russia using facebook ads middle countries elections earlier month facebook said internal review shown operation likely based russia spent facebook ads promoting divisive messages months last year presidential election the company initially declined turn details ads congress congressional investigators special counsel robert mueller examining alleged russian election interference moscow denied investigators interested companies well representatives twitter inc set meet next week staff senate intelligence committee relation inquiries election representative adam chief top democrat house intelligence committee said thursday wants hear facebook alphabet inc google twitter others public hearings it important committee scrutinized rigorous facebook internal investigation test conclusions understand took long chief said statement the political advertising changes represent retreat facebook years resisted calls transparency advocates academics regulation political ads the company instead treated like commercial ads in days november election zuckerberg said crazy idea think misinformation facebook swayed vote toward president donald trump senator mark warner vice chairman senate intelligence committee month compared political ads social media wild wild west said legislation might needed address the federal election commission last week sought public comment possible regulatory changes digital ads considered whether call facebook tech firms commission public hearing facebook grown leading online platform political ads low costs tools targeting messages narrow audiences political campaigns likely spent million facebook ads election cycle according noma analysts though exact amount unknown it remained unclear whether facebook voluntary changes would satisfy demands government action warner another senator democrat amy klobuchar thursday sent letter colleagues inviting legislation writing would normalize expand commitments zuckerberg made the legislation wrote would require digital platforms million users maintain publicly available file ads bought people spend according copy letter seen reuters trevor potter president campaign legal center said statement group would carefully monitor facebook implementation new policy he said facebook helped create secrecy gave rise foreign interference elections in past facebook argued ad details remain confidential unless released advertisers zuckerberg returned work thursday month paternity leave laid steps company would take prevent governments using facebook manipulate elections he said facebook would hire additional people expand partnerships election commissions around world adapt systems help deter political bullying facebook found attempt germany zuckerberg said added company would continue examine fake accounts removed advance sunday german national election i want anyone use tools undermine democracy that stand zuckerberg said facebook general counsel colin stretch said blog post thursday unusual facebook voluntarily turn information government authorities giving lawmakers copies ads the company long rigid policy refusing turn user information without court order legal process but ultimately stretch wrote we believe public deserves full accounting happened election worldnews