Skip to main content

Share story

Policy Products

Meta Tells Oversight Board It May End Funding After 2028, Sources Say

Meta Tells Oversight Board It May End Funding After 2028, Sources Say Image: Primary
Meta has told members of its independent Oversight Board that the company may stop funding the body after 2028, Platformer reported, in a development that would effectively shut down the most prominent independent governance mechanism for the world's largest social network. Meta has already reduced funding to the board significantly this year and has signaled further cuts in 2027 and 2028, according to sources familiar with the situation. Staff members at the Oversight Board are bracing for another round of layoffs as a result. The Oversight Board was established in 2020 as an independent body with authority to review and overturn Meta's content moderation decisions. It was intended to provide an external check on how Meta enforces its platform policies and to give users an avenue for appeals beyond Meta's internal processes. Meta provided the board's endowment and operating budget while maintaining that the board functions independently. If Meta ends funding after 2028, it is unclear whether the board could continue operations through other means or would dissolve. The board's independence has always been complicated by the fact that Meta controls its financing, and critics have argued the arrangement was structurally inadequate as a genuine accountability mechanism. The potential defunding follows a broader shift in Meta's approach to content moderation. Earlier this year, the company announced it was scaling back its third-party fact-checking program in the United States, replacing it with a community-notes model similar to X. CEO Mark Zuckerberg has framed the changes as reducing political bias in enforcement. The Oversight Board did not comment on the funding discussions. Meta did not deny the Platformer report.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Platformer and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure Products
Infrastructure Products

Amazon commits more than $1 billion to data center communities

Amazon committed Friday to donating more than $1 billion over five years to communities neighboring its data centers, Ars Technica reported. AWS chief executive Matt Garman said communities would choose priorities including educat...

Robotics Capital
Robotics Capital

Fortem raises $50 million with Lockheed Martin participating

Counter-drone company Fortem has raised $50 million in Series B funding, with Lockheed Martin participating, Bloomberg reported. Fortem is seeking to expand manufacturing and bookings rapidly. CEO Jon Gruen said its relationship w...

AI Infrastructure
AI Infrastructure

Broadcom syndicate seeks $60 billion for AI chip financing

Broadcom's Wall Street syndicate is starting to gather $60 billion in fresh AI chip financing, Bloomberg reported, citing sources. The financing effort would help Anthropic and other companies access chips and other infrastructure...

Products Infrastructure
Products Infrastructure

TXO acquires Wesbell Communications to expand infrastructure services

TXO announced Friday that it had acquired Wesbell Communications for an undisclosed sum, adding network and engineering services, managed services, asset recovery and third-party maintenance capabilities. Wesbell serves Tier 1 tel...

Products
Products

Google raises Pixel 10a starting price from $499 to $599

Google raised the Pixel 10a's US starting price Friday from $499 to $599, with the 256GB model now costing $699, 9to5Google reported. The new prices are in effect at the Google Store, Amazon and Best Buy. Google Store also lists ...