00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Philippine government ordered meta-platforms to curb false and panic-inducing content on its
00:06platforms, citing misleading claims about oil prices and energy supply disruptions that risk
00:11economic disorder. In an April 10th letter to CEO Mark Zuckerberg, officials warned that
00:15continued circulation of fake news would violate Philippine laws, according to the Wall Street
00:19Journal. Authorities said rising fuel and essential goods costs have made the public
00:23more sensitive to economic information. They said misleading content threatens public order,
00:27economic confidence, and national security. Meta was given 48 hours to confirm receipt
00:32and seven days to submit a plan. For all things money, visit Benzinga.com.
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