Snap Takes a Side in the Political-Ads Fight

Snap (NYSE: SNAP), maker of disappearing-message app Snapchat, has found some middle ground between Facebook and Twitter in the kerfuffle over political ads, saying it will fact-check them. Twitter is banning them while Facebook has been under fire after saying it won't fact-check political ads that run on its platform, arguing that would negatively impact free speech and give Facebook too much power.

Snap CEO Evan Spiegel said in a recent interview with CNBC that his company has employees tasked with fact-checking any political ads that appear on Snapchat. "What we try to do is create a place for political ads on our platform, especially because we reach so many young people and first-time voters we want them to be able to engage with the political conversation, but we don't allow things like misinformation to appear in that advertising," he said.

Image source: Getty Images.

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Source Fool.com