Saturday, Aug 13, 2022
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Tech | Meta Commits Additional 150 Million To Its Oversight Board

Meta commits additional $150 million to its Oversight Board

By IANS
Published: Updated On - 10:33 AM, Sat - 23 July 22
Meta commits additional $150 million to its Oversight Board

San Francisco: Tech giant Meta has made a commitment that provides for ongoing financial support for the Oversight Board, and as part of that commitment, it will make a $150 million contribution to the Trust.

On the microblogging site Twitter, Meta President of Global Affairs Nick Clegg said that this money will go into the Oversight Board Trust, which enables the board to continue operating as a separate entity.

“Since its launch, the Oversight Board has had a significant impact. Its binding case decisions and non-binding recommendations have led to greater transparency in our content decisions, and have pushed us to strengthen Meta’s policy and enforcement practices,” Clegg wrote on the platform.

Under the terms of the Trust, the funds contributed by the company are irrevocable and can only be used to fulfil the Trust’s purpose of funding, managing, and overseeing the operation of the Oversight Board.

This $150 million contribution to the Trust is in addition to the company’s prior contribution of $130 million announced in 2019 when the Trust was first established.

“By making this ongoing financial commitment, Meta has issued a vote of confidence in the work of the Board and its efforts to apply Facebook and Instagram content standards in a manner that protects freedom of expression and pertinent human rights standards,” Stephen Neal, chairperson of the Oversight Board Trust, said in a statement.

  • Follow Us :
  • Tags
  • Meta
  • Oversight Board

Related News

  • Apple, Meta once planned to build businesses together: Report

    Apple, Meta once planned to build businesses together: Report

  • WhatsApp announces new changes aimed at better privacy

    WhatsApp announces new changes aimed at better privacy

  • Meta shuts down its biggest VR game for Quest 1 owners

    Meta shuts down its biggest VR game for Quest 1 owners

  • It is funny that he has all this money and still wears the same clothes: Meta’s latest AI chatbot about Zuckerberg

    It is funny that he has all this money and still wears the same clothes: Meta’s latest AI chatbot about Zuckerberg

  • Meta brings its latest AI chatbot on web

    Meta brings its latest AI chatbot on web

  • Meta rolling out NFT support on Instagram to 100 countries

    Meta rolling out NFT support on Instagram to 100 countries

Latest News

  • Dalit boy beaten up by teacher for touching drinking water pot in Rajasthan school, dies

    5 hours ago
  • Eight firms express interest in developing monkeypox vaccine

    5 hours ago
  • 75 years of Independence: An unequal nation

    5 hours ago
  • RTC’s vintage beauty pulls crowds to Tank Bund

    5 hours ago
  • 75 years of Independence: It’s mere hope for Dalits

    5 hours ago
  • Office space: West Hyderabad tops chart

    5 hours ago
  • Boost your general knowledge quotient

    5 hours ago
  • Mechanism of concentration of the filtrate

    6 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam