Reddit‘s co-founder says Meta‘s decision to end third-party fact-checking on its platforms was a “pragmatic” one, characterizing the move as a reversal of an unviable program.

In January, just days before Donald Trump was sworn in as U.S. president for the second time, Meta announced it would end third-party fact-checking on its platforms, a program often criticized by Trump and conservatives for what they say unfairly targeted right-wing content.

In a series of sweeping policy changes at the media giant, CEO Mark Zuckerberg announced he would install a community-based system instead.

“It was a very pragmatic change,” Reddit co-founder Alexis Ohanian told CNBC at the Web Summit in Qatar on Sunday, adding “it is impossible to do fact-checking at scale, let alone in real time, as Facebook was trying to do.”

“In many ways, I think they were just winding back something that was a bad idea from the start because it was untenable,” Ohanian added. 

Meta launched its global fact-checking program in 2016 in a bid to tackle misinformation, and has since partnered with fact-checking organizations in more than 100 countries. The rollback will begin in the U.S., according to the company, and will not affect other countries yet.

The Reddit co-founder, who created the “front page of the internet” in 2005, also weighed in on the future of social media. “I think we’ll get to a place where we as users get to choose our algorithms, and because, without a doubt, these platforms, we’re all incentivized to have the best possible algorithm, not because of anything sinister, but because we want to keep people engaged,” he said.

Reddit, which went public in March last year and was valued at $6.4 billion, was one of the first social networking platforms, and began when MySpace still dominated user’s screens. Reddit has struggled with moderation in its own history, eventually banning revenge porn, and cracking down on racism and misogyny in its communities. Today, the platform has over 70 million daily active users, and boasts “community-specific rules” across individual communities, or subreddits.

In a post about Meta’s new content moderation policies, Joel Kaplan, Meta’s chief global affairs officer, wrote, “Starting in the US, we are ending our third party fact-checking program and moving to a Community Notes model.”

Kaplan added that Meta would “take a more personalized approach to political content, so that people who want to see more of it in their feeds can.”

Meta did not immediately reply to CNBC’s request for comment.

The community notes model is also favored by Elon Musk-owned X, which says it aims to “create a better informed world by empowering people on X to collaboratively add context to potentially misleading posts.”

Kaplan praised X’s success with the model, saying “We’ve seen this approach work on X – where they empower their community to decide when posts are potentially misleading and need more context, and people across a diverse range of perspectives decide what sort of context is helpful for other users to see.”

Kaplan, a prominent Republican who replaced Nick Clegg at Meta, added that “Meta’s platforms are built to be places where people can express themselves freely. That can be messy. On platforms where billions of people can have a voice, all the good, bad and ugly is on display. But that’s free expression.”

After Trump’s inauguration, Zuckerberg joined a number of major American firms in ending programs designed for diversity, equity and inclusion. The Meta boss recently expressed regret over some of the company’s decisions in a letter to Congress, in which he said the Biden Administration had pressured Meta into censoring certain content around Covid-19.

Meta apologized on Thursday and said it had fixed an “error” that resulted in some Instagram users reporting a flood of violent and graphic content recommended on their personal “Reels” page. 

“We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended. We apologize for the mistake,” a Meta spokesperson said in a statement shared with CNBC. 

The statement comes after a number of Instagram users took to various social media platforms to voice concerns about a recent influx of violent and “not safe for work” content in their feeds. 

Some users claimed they saw such content, even with Instagram’s “Sensitive Content Control” enabled to its highest moderation setting.

According to Meta policy, the company works to protect users from disturbing imagery and removes content that is particularly violent or graphic. 

Prohibited content includes videos “depicting dismemberment, visible innards or charred bodies,” as well as content that contains “sadistic remarks towards imagery depicting the suffering of humans and animals.” 

However, Meta says it does allow some graphic content if it helps users to condemn and raise awareness about important issues such as human rights abuses, armed conflicts or acts of terrorism. Such content may come with limitations, such as warning labels.

On Wednesday night in the U.S., CNBC was able to view several posts on Instagram reels that appeared to show dead bodies, graphic injuries and violent assaults. The posts were labeled “Sensitive Content.”

Teladoc Health shares fell in extended trading on Wednesday after the company reported a wider loss than analysts expected and issued disappointing quarterly guidance.

Here’s how the company did, compared to analysts’ consensus estimates from LSEG:

• Loss per share: 28 cents vs. 24 cents expected
• Revenue: $640.5 million vs. $639.6 million expected

Revenue at the telehealth company decreased 3% in the fourth quarter from $660.5 million during the same period last year, according to a release. Teladoc’s net loss widened to $48.4 million, or 28 cents per share, from a loss of $28.9 million, or 17 cents per share, a year ago.

Teladoc is in the middle of a deep slump, with its stock price dropping in each of the past four years due to hefty competition in remote health, challenges at mental health division BetterHelp and high operating costs.

When Teladoc acquired digital health company Livongo in 2020, the companies had a combined enterprise value of $37 billion. Teladoc’s market cap was around $1.9 billion as of market close on Wednesday.

“As we look forward in 2025, execution will continue to be a top priority as we advance efforts to unlock growth opportunities and position the company for long term success,” Teladoc CEO Chuck Divita said in the statement. “We will also remain focused on our cost structure, building on the significant improvements achieved in 2024 over the prior year.”  

Teladoc reported adjusted earnings of $74.8 million in its fourth quarter, a 35% decrease from a year ago. Adjusted earnings for the company’s Integrated Care segment declined 5% to $53.2 million, and BetterHelp saw adjusted earnings drop 63% to $21.7 million.

For the first quarter, Teladoc said it expects revenue of between $608 million and $629 million, while analysts were expecting $632.9 million. The company said adjusted earnings will be between $47 million and $59 million for the period.

Earlier this month, Teladoc announced it will acquire preventative care company Catapult Health in an all-cash deal for $65 million. Teladoc said its outlook includes the anticipated contribution from the deal but not the effect of potential impairments or purchase accounting. Teladoc said the acquisition should close at the end of the month.

Teladoc will host its quarterly call with investors at 4:30 p.m. ET.

— CNBC’s Bertha Coombs contributed to this report.