Photo by Amelia Holowaty Krales / The Verge

Just minutes before Facebook released its third quarter earnings this afternoon, Twitter dropped a mic at its feet: CEO Jack Dorsey made the surprise announcement that his social network will ban political advertising starting in November to “focus our efforts on the root problems, without the additional burden and complexity taking money brings.”

Facebook, on the other hand, has steadfastly stood by its controversial policy to allow political ads without fact-checking — in other words, to take money in exchange for boosting the reach of potential lies. The topic came up repeatedly at a hearing last week in which CEO Mark Zuckerberg appeared before Congress, ostensibly to answer questions about its struggling Libra blockchain and…

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