Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Stocks in Asia Pacific advanced in Friday afternoon trade, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary...Asia Marketsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
As Facebook explores how to establish more independent oversight for the company, CEO Mark Zuckerberg is proposing a type of court system where appeals can be elevated if people disagree on how controversial content is treated.
Facebook released a new research report on Thursday summarizing its findings based on input from over 2,000 people in 88 countries. In January, the company solicited public and expert feedback on how to create a separate body that can impose binding decisions independent of its executives' opinions.
The company has come under fire for its inconsistency in the way it handles content that's violent, viewed as offensive or just patently false. The issue came up at Facebook's annual shareholder meeting last month, as investors demanded to know how Zuckerberg, who has majority voting control over Facebook's shares, determines what speech is allowed on the site.
In a pre-recorded conversation released alongside the report, Zuckerberg said that users should be able to address their concerns on a specific post with "a set of appealers." If the person is still unsatisfied with the result, the next step would be to elevate the appeal to an independent board. Zuckerberg said the board would get to choose a certain number of cases per year to take on, though that figure has been the source of debate during the research process.
Facebook plans to release a final charter in August, and will use this research as a guide. The final charter will be followed by a test period of the board's "operations and decision-making functions" prior to an orientation for new board members, according to Facebook's diagram showing the steps for forming the board.
One consideration is the size of the oversight board. Facebook has proposed that it consist of 40 members, though the company said diversity and representation of the site's users are important factors.
In terms of the appeals process, Zuckerberg said he anticipates the board will have a staff that helps prioritize appeals so that there's a difference between "precedent-setting" issues and specific pieces of content that need to be handled immediately.
"We need a mechanism to basically be able to refer issues that we see to the board and have a relatively rapid turnaround that could affect whether something could have an imminent impact," he said.