Facebook has spent $130 million setting up a so-called “independent content oversight board” – but its make-up shows that nothing will change about the tech giant’s sinister use of mass surveillance and censorship.
Facebook’s market capitalization is close to $700 billion and its primary businesses are publishing, advertising and data collection. During the global lockdown, Facebook boasted that the number of its daily active users (DAUs) on average for March 2020 was 1.73 billion. For 2019, it reported a headcount of 48,268 employees as well as an advertising revenue of $17.44 billion.
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