Russian Federation bought political ads from Facebook during the election, company says

Image stephen lam  Getty Images

Image stephen lam Getty Images

In an update, Facebook said it found around $100,000 (£76,660) in ad spending from June 2015 to May 2017 was connected to inauthentic accounts affiliated with one another and likely operated out of Russian Federation.

While the "vast majority" of those ads didn't reference any specific presidential candidate, or even the election itself, Stamos explained that the Russian ads that Facebook uncovered were created to amplify hot-button social and political issues, such as LGBT rights, race, immigration and gun rights.

Stamos said about a quarter of the ads identified as tied to Russian Federation were geographically targeted and more ran in 2015 than in 2016.

Facebook admitted to congressional investigators Wednesday that it sold political ads to a Russian firm during the run-up to the 2016 presidential election, according to The Washington Post.

Facebook said that the ad spending was associated with around 3,000 adverts between June 2015 and May 2017 and came from around 470 "inauthentic accounts and pages in violation of our policies", Stamos said.

Stanley Fischer steps down as Fed vice chairman
Fischer's role as vice chairman meant he had an influential position, assisting and advising Yellen. In July, he nominated investor Randal Quarles to fill one of the vacancies.

They looked to increase "disruptive social and political messages over the ideological range" on themes that included firearms, movement and gay rights, Mr Stamos composed.

In its review of election-related advertising, Facebook said it had also found an additional $50,000 in potential political ad spending from other accounts connected with Russian Federation.

Facebook said it's continuing to investigate the issue and reported its findings to United States authorities.

A Facebook official told the paper that "there is evidence that some of the accounts are linked to a troll farm in St. Petersburg, referred to as the Internet Research Agency, though we have no way to independently confirm".

In response to these figures, said: "Our analysis suggests these accounts and pages were affiliated with one another and likely operated out of Russian Federation".

North Korea Defies Trump, Carries Out its Most Powerful Nuclear Test Yet
Analysts are divided on whether Sunday's test could lead to more North Korean provocations, or become an opening for dialogue. State media declared the test a complete success and said no radiation had leaked into the atmosphere.

Facebook has been under the microscope for months to explain how its platform was exploited during the last presidential campaign.

Facebook said it was co-operating with a U.S. investigation into the matter.

In its unclassified report in January, the USA intelligence community concluded that the Internet Research Agency's "likely financier" is a "close Putin ally with ties to Russian intelligence".

President Trump has often dismissed the Russian hacking story as "fake news" and bristled at any implication that the Russian president, Vladimir V. Putin, had helped him win.

Lopez doubles up at the Vuelta a España, Froome extends lead
Monday is the second rest day for the three-week race, which heads north on Tuesday with an individual time trial. I think it was the right decision, we've kept the energy for the stage tomorrow [Sunday], " responded Froome.

Latest News