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'Paid for By': Facebook to Label All Election-Related Ads

© AP Photo / Gus RuelasMuslim American Zabie Mansoory, 23, monitors a Facebook discussion board while watching President Barack Obama's televised coverage of President Barack Obama's speech from Cairo University, in the Sylmar area of Los Angeles, early Thursday June 4, 2009.
Muslim American Zabie Mansoory, 23, monitors a Facebook discussion board while watching President Barack Obama's televised coverage of President Barack Obama's speech from Cairo University, in the Sylmar area of Los Angeles, early Thursday June 4, 2009. - Sputnik International
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WASHINGTON (Sputnik) - The funding source must be clearly labeled on all US election-related political advertisements that are purchased and posted on Facebook beginning on Thursday, the company’s Product Management Director Rob Leathern said in a press release.

"Starting today, all election-related and issue ads on Facebook and Instagram in the US must be clearly labeled — including a ‘Paid for by’ disclosure from the advertiser at the top of the ad," Leathern said.

All ads launched on or after May 7, 2018 will also be added to a new archive and available for up to 7 years, according to the release.

Facebook CEO Mark Zuckerberg speaks at Facebook in Menlo Park, Calif., Sunday, Sept. 27, 2015. - Sputnik International
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Facebook Faces Lawsuit Over 'Fraudulent Scheme' to Exploit Data – Reports
Earlier this month, the House Intelligence Committee released more than 3,500 Facebook ads allegedly used by St. Petersburg-based Internet Research Agency to interfere in US elections.

In March, the United States put sanctions on the Internet Research Agency and its founder Yevgeny Prigozhin. In February, the company was indicted by the Office of Special Counsel Robert Mueller, investigating alleged Russian attempts to influence the outcome of the 2016 US presidential election.

Facebook said in January that it found only an "insignificant" overlap between content published by the Russian-based Internet Research Agency and the campaign team of now President Donald Trump prior to the US election in 2016.

Russian officials have repeatedly rejected the allegations of Moscow tampering with the US election as unfounded.

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