Thursday, Sep 21, 2023
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Education Today
    • Reviews
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | News | Meta Commits Additional 150 Million To Its Oversight Board

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 […]

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

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.

Telangana Today Whatsapp
  • Follow Us :
  • Tags
  • Meta
  • Oversight Board

Related News

  • Meta shuts 3 VR games without any explanation

    Meta shuts 3 VR games without any explanation

  • Meta denies considering WhatsApp ads for revenue boost

    Meta denies considering WhatsApp ads for revenue boost

  • Meta launches social VR app Horizon Worlds on web and mobile

    Meta launches social VR app Horizon Worlds on web and mobile

  • Musk, Zuckerberg sit near each other as US lawmakers grill Big Tech on AI

    Musk, Zuckerberg sit near each other as US lawmakers grill Big Tech on AI

  • Mark Zuckerberg launches WhatsApp channels with Indian celebrities joining the conversation

    Mark Zuckerberg launches WhatsApp channels with Indian celebrities joining the conversation

  • Meta to let users customise avatars, unsend image messages on Quest devices

    Meta to let users customise avatars, unsend image messages on Quest devices

Latest News

  • Eight persons arrested for alleged involvement in murder of former Home Guard

    4 mins ago
  • Lalu Prasad Yadav enjoys ‘Launda Nach’ performance at Rabri Devi’s residence in Patna

    4 mins ago
  • Steel Banks by SHGs to address plastic pollution in Khammam

    10 mins ago
  • I came here in my childhood: Hansika Motwani visits Andheri cha Raja

    12 mins ago
  • Rupee rises 5 paise to close at 83.06 against US dollar

    19 mins ago
  • Gautam Gambhir meets SRK, says “he is simply the best”

    19 mins ago
  • TS will get all permissions for Palamuru: Harish Rao

    24 mins ago
  • HDFC MF granted RBI nod to raise stake in Federal Bank and Equitas SFB to 9.5 pc

    24 mins 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