'We've focused our efforts on the worst of the worst,' the company said.
The social media giant is looking for someone with more than 20 years of experience in the media industry.
High profile figures such as Pope Francis, Hillary Clinton and Angela Merkel have all warned against fake news.
Survey asks users to rank the trustworthiness of headlines that appear in Facebook's news feed.
The ex-Ukip leader would be only the third Brit to win it, after Churchill and The Queen.
This came after fake news reports about BS Detector falsely claimed that it was created by Facebook.
The error reportedly affected about 10 Facebook posts written by Zuckerberg.
Facebook plans to expand the programme to other regions soon.
Facebook employees claim chief executive Mark Zuckerberg has 'supported and defended' the effort.
The solar-powered drone suffered a 'structural failure' just before landing in Arizona.
'The bottom line is: we take misinformation seriously,' Zuckerberg said.
The social media giant's accounting chief Jas Athwal will leave the firm after 9 years of service.
BuzzFeed analysis raises further questions about Facebook's role in promoting fake election coverage.
The Silicon Valley firm could go public as soon as March at a valuation of around $25bn, reports say.
Even Facebook CEO Mark Zuckerberg was among those told they were 'dead' by the glitch.
'Live is really exciting for us,' Instagram CEO Kevin Systrom said.
The idea of fabricated posts influencing election outcome is a 'pretty crazy idea', the founder of Facebook said.
'The country is at a serious crossroads,' Uber investor and Hyperloop co-founder Shervin Pishevar said.
Under German law, Facebook is required to remove hate speech posts immediately after being notified.
Facebook is expecting ad revenue growth rates to "come down meaningfully" in 2017.
The news follows a series of controversies over deleted content with many accusing Facebook of censorship.
Zuckerberg has been working on an AI assistant like Jarvis in Iron Man.