The stock of Facebook Inc (NASDAQ:FB) closed at $172.55 losing 0.11% in yesterday’s trading session. This company is currently making more hires in its efforts to moderate content. The addition of the new personnel will boost the number making it hit the 8,750 mark. This figure doubles the total number of people working for Twitter Inc (NYSE:TWTR).
These two companies are subjected to the same moderation challenges. The rampant automated bot accounts on Twitter are an enormous problem to the social media company. At this time, investigations regarding the interference of Russia in the last US elections are ongoing. Twitter has been pointed to by some top US officials as having played a part in making Russians successful in their quest to determine the destiny of the United States.
In May, Facebook also found itself in a rather an uncomfortable position after it was criticized for having provided its platform to persons that were out to spread acts of violence. According to investigators, messages of hate and discrimination were found. The company was warned to pull down such messages in the shortest time possible, failure to which it would be charged a hefty fine.
Facebook believes that the addition of 1,000 more hires will help it move faster on fixing the issues it is facing at the moment. It has assigned about 250 of its employees the task of looking into the election interference. Twitter declined to comment when asked by journalists to outline how many people it had in its safety division.
An analyst following on the company opined, “This isn’t to say that more people and good tools will eliminate all Facebook’s problems. After all, it did get into its current troubles while it had 4,500 people moderating content.”