Facebook: Invests $130M In Content Oversight Board
- The content oversight board trust was made for accountability and good governance, to ensure that the funds are managed properly
- Facebook reportedly expects the trust to have a minimum of three individual trustees
- The initial investment also forecasted to cover the operating expenses of the board for two three-year terms or roughly six years
- Then it will pay for expenses like staff, office space and travel
- Facebook reportedly plans to keep funding the operation of the board after the six years
- Facebook will also follow recommendations on matters such as transparent communication
