Facebook spent over $13 billion on safety, security since 2016

Facebook spent over $13 billion on safety, security since 2016

 

Facebook Inc said on Tuesday it has invested more than $13 billion in safety and security measures since 2016; days after a newspaper reported the company had failed to fix “the platform’s ill effects” researchers had identified.

 

The social media giant said it now has 40,000 people working on safety and security; compared with 10,000 five years ago.

 

Facebook played down the negative effects on young users of its Instagram app and had a weak response to alarms raised by employees over how the platform is used in developing countries by human traffickers, the Wall Street Journal reported last week, citing a review of internal company documents.

“In the past, we didn’t address safety and security challenges early enough in the product development process;” the company said in a blog post. “But we have fundamentally changed that approach.”

 

ALSO READ: WSJ allegations are ‘mischaracterizations,’ confer ‘false motives’, says Facebook

 

 

Facebook said its artificial intelligence technology has helped it block 3 billion fake accounts in the first half of this year.

 

The company also removed more than 20 million pieces of false COVID-19 and vaccine content.

 

The company said it now removes 15 times more content that violates its standards on hate speech across Facebook and its image-sharing platform Instagram than when it first began reporting it in 2017.

About The Author

Osigweh Lilian Oluchi is a graduate of the University of Lagos where she obtained a B.A (Hons) in English, Masters in Public and International affairs (MPIA). Currently works with 1stnews as a Database Manager / Writer. [email protected]

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