Facebook CEO Mark Zuckerberg has admitted that he once considered banning political ads from the social network, as he defends the company's refusal to 'fact-check' campaign ads. Zuckerberg's remarks came during an address on Thursday at Georgetown University, which he described as 'an unfiltered take' of his views on free expression and censorship. In recent weeks, Facebook has come under fire from Democrats and Senator Elizabeth Warren for refusing to remove ads for President Donald Trump's re-election campaign, which they they said made false claims. 'We think people should be able to see what politicians have to say,' Zuckerberg said in defending Facebook's policy. 'I don't think it's right for tech companies to censor politicians in a democracy.' Facebook Chairman and CEO Mark Zuckerberg addresses the audience at a forum hosted by Georgetown University's Institute of Politics and Public Service on Thursday RELATED ARTICLES Previous 1 Next 'They're after … [Read more...] about Facebook CEO Mark Zuckerberg defends his company’s refusal to ‘fact-check’ Trump’s campaign ads and admits he considered BANNING political ads from the social network
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His critics said the negotiation was a ‘sham’, insisting that the EU would never re-open Theresa May’s deal. But yesterday, 85 days after entering Downing Street, Boris Johnson announced he had secured a ‘real Brexit’ agreement that would allow the UK to take control of its money, borders and laws – and EU chief negotiator Michel Barnier admitted that the backstop had been ‘abandoned’. Much of the agreement remains from Theresa May’s original blueprint that she presented to the House of Commons three times only to have it roundly rejected. But in critical areas it is different. Here JACK DOYLE examines the small print to see where Mr Johnson has won new concessions and where he’s had to compromise. Much of Mr Johnson's agreement remains from Theresa May’s original blueprint that she presented to the House of Commons three times only to have it roundly rejected (Mr Johnson is pictured left in Brussels yesterday, and Mrs … [Read more...] about How DOES Boris Johnson’s deal differ from Theresa May’s? JACK DOYLE examines the small print
China authorities are cracking down on exports of black clothes in a bid to curb anti-government movement in Hong Kong participated by protesters in all-dark uniform, according to a report. The country's customs have required delivery companies to stop sending black T-shirts and other items that have been featured in the pro-democracy unrest which has gone on for more than four months, it is said. Demonstrators in the Asian financial hub have been donning black T-shirts, black jeans, black sneakers and black face coverings during rallies as they call for democratic reforms from the government. Hong Kong has been rocked by four months of anti-government protests often participated by demonstrators donning an all-black uniform. Activists wearing black T-shirts, jeans and sneakers are pictured running as police fire tear gas in Hong Kong during a rally on October 1 Many demonstrators also wear yellow helmets, whose export has also been banned. In the picture above, a protester … [Read more...] about China ‘bans companies from exporting black clothing’ to prevent Hong Kong anti-government protesters donning their iconic all-dark uniform
Hundreds of thousands of savers, many of them pensioners, placed their faith and hard-earned cash in Woodford’s fund and they have been savagely betrayed The palpable shock at the closure and liquidation of the investment fund run by star investor Neil Woodford will be felt up and down Britain. Hundreds of thousands of savers, many of them pensioners, placed their faith and hard-earned cash in Woodford’s fund and they have been savagely betrayed. I am one of the Woodford savers myself and the truth is we have all been mugged. Principally, of course, we have been let down by Woodford. Though he was once considered one of the City’s top stockpickers, in search of quick and unachievable returns he began to behave like a deranged gambler with his investors’ money, piling it into unquoted shares in untested companies that he clearly didn’t understand. But the crisis is not down to the shaven-headed, showjumping fan’s behaviour alone. Blame must also fall … [Read more...] about ALEX BRUMMER: How odious that it’s the small investors (yes, me too) who’ll be hit hardest by the deranged gambler Neil Woodford
What is an asset manager? Asset managers invest other people’s money with the aim of growing their client’s wealth and protecting them from financial risk. By pooling lots of investors’ money they can reduce the risk to them by spreading it across a range of asset classes: stocks, property, bonds, commodities and other funds. Asset managers make money by taking a fee for providing these services to their clients. Since the 2008 financial crisis, high fees and poor performance have seen money flowing away from “active” funds, with a manager who researches and selects investments using a particular philosophy, to “passive” funds. What is a passive fund? The most common form of passive investing is a “tracker fund” that follows an index such as the FTSE 100 or the S&P 500. Instead of selecting particular companies in which to invest, passive fund managers buy everything on an index and hold the shares over a long period of time. … [Read more...] about Why are asset managers investing in fossil fuel companies?