Apr 18, 2017

Facebook's safety chief on Cleveland, mental health outreach

Bob Herman / Axios

At an Axios Future Shapers event in Chicago this afternoon Antigone Davis, Facebook's Head of Global Safety Policy, discussed Facebook's outreach following posts indicating potential self-harm, and commented on the murder in Cleveland from which video was posted to Facebook.

  • The reaction to Cleveland: "For all of the people who work at Facebook, our heart goes out to the families. For us, we want to really look at this as an opportunity to figure out how we can do better."
  • The Internet is nicer than you think: When Facebook users post using distressed or sad emojis, Davis said that analytics have found that their friends tend to skip the like/react button and post longer and more empathetic comments.
  • Facebook's outreach for posts involving self-harm: The company has provided options for users to flag content they suspect suggests self-harm — allowing them to reach out to their friends directly or to a help line for advice — while also suggesting mental health resources directly to users who have had posts flagged in the past or use flagged phrases. Davis said that Facebook's hope is to eventually use artificial intelligence to provide these resources in real time.

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.

Trump indulges Wall Street with Milken pardon

Photo Illustration: Sarah Grillo/Axios. Photo: Chris Graythen/Getty Images

Donald Trump loves Wall Street shenanigans. Companies owned by him have declared bankruptcy six different times, and he was once sued alongside Mike Milken for participating in a scheme to artificially inflate junk-bond prices.

Driving the news: Trump pardoned Milken this week, with an official statement positively gushing over Milken's role in developing the wilder side of fixed-income capital markets.