The International Fact-Checking Network (IFCN) drafted a code of five principles for news websites to accept, and Facebook yesterday announced it will work with “third-party fact checking organizations” that are signatories to the code of principles. Facebook says that if the “fact checking organizations” determine that a certain story as fake, it will get flagged as disputed and, according to the Facebook announcement, “there will be a link to the corresponding article explaining why. Stories that have been disputed may also appear lower in News Feed”. IFCN is hosted by the Poynter Institute for Media Studies. A cursory search of the Poynter Institute website finds that Poynter’s IFCN is openly funded by George Soros’ Open Society Foundations as well as the Bill & Melinda Gates Foundation, Google, and the National Endowment for Democracy.