From Politico:
Facebook is standing by its policies that allow politicians to lie to voters, while targeting their ads at narrow subsets of the public — decisions with vast implications for the more than $1 billion in online campaign messaging expected in this year’s elections.
The online giant announced Thursday morning that it is not changing the most controversial elements of its approach to campaign ads, after months of a debate that has divided Silicon Valley and brought Facebook a barrage of criticism from Democrats. The critics have been most incensed by Facebook’s refusal to fact-check politicians’ claims, accusing the company of knowingly profiting from deception.