Facebook data

Facebook spends $130 million to fund content oversight board

Illustration: Aida Amer/Axios

Facebook said on Thursday that the company has made an initial commitment of $130 million to fund a trust for its global content oversight board. The board was proposed in 2018 as an independent authority to help users appeal Facebook's content moderation decisions.

Yes, but: The company disclosed that it was behind on announcing its board members, of which it could appoint up to 40. Facebook was planning to announce them by year's end, but said, "we've decided to take additional time to consider the many candidates who continue to be put forward."

Facebook: 100 developers may have improperly accessed users' data

Facebook CEO Mark Zuckerberg speaks about the new Facebook News feature at the Paley Center For Media on October 25, 2019 in New York City
Mark Zuckerberg. Photo: Drew Angerer/Getty Images

Facebook said in a blog post Tuesday that "roughly 100" software developers may have improperly accessed users' data, including the names and profile photos of people in specific groups on the social network.

Why it matters: Per Axios' chief technology correspondent Ina Fried, it's been clear for a while that the company’s issues with third parties go beyond Cambridge Analytica. This disclosure gives an indication of just how far.