Facebook gets tough on fake news and hoaxes

The agreement between Facebook's Building 8 and the universities comes as the social media company seeks to find new revenue streams in virtual reality and artificial intelligence, after the company signaled last month it had begun to hit some advertising growth limits on its network of 1.8 billion monthly active users.

KUALA LUMPUR: Facebook is making it easier for users to report hoaxes and fake news.

The social media giant said it was testing out new features on its website, which would allow users to flag news stories they believe were false.