The Facebook Oversight Board will review six cases in its first round of deliberations over Facebook's content moderation decisions.
<p>The Oversight Board chose its first six cases from the more than 20,000 appeals made since October, and the cases were chosen based on their ability to affect the widest range of posts and people, the questions they raise about Facebook's policies or their importance to public conversation, <a href="https://oversightboard.com/news/719406882003532-announcing-the-oversight-board-s-first-cases-and-appointment-of-trustees/" target="_blank">according to today's Oversight Board announcement</a>. <br></p><p><p style="text-align: center;"><a style="font-weight: bold;" href="/newsletters">Get daily insights from the Protocol team in your inbox
</a></p></p><p><span></span>In one case, a user appealed a decision to remove pictures of exposed female breasts that the user claimed were posted as part of a breast cancer awareness campaign. The post was removed because it violated Facebook's Adult Nudity and Sexual Activity Policy. In another case, a user appealed the decision to remove two posted screenshots of Tweets by the former Malaysian Prime Minister, in which the Prime Minister called for Muslim violence against French people. That post was removed for violating the company's hate speech policy, while the user claimed in the appeal that the screenshots were posted to raise awareness of the terrible words of the former Prime Minister. The reviewers also accepted one case referred by Facebook instead of through user appeal, about video and text removed for spreading misinformation about the COVID-19 pandemic. </p><p><div class="ad-tag"><div class="ad-place-holder" data-pos="1">
</div></p><p>Each case will be reviewed by a five-member panel that includes at least one member from the region of the world in question in the case. The public comment period for each of the cases opens today and will remain open for seven days, and the Oversight Board will make a decision about each case within three months. Under the rules of the Oversight Board, Facebook is required to implement each decision and to publicly acknowledge and reply to any policy recommendations made by the review panel.</p><p><span></span>The start of deliberations marks the first real test for Facebook's new corporate governance body, which is structured as a separate legal entity from Facebook and is intended to remain independent from Facebook's board, including Mark Zuckerberg. If the board's oversight decisions are deemed to be successful (which depends on how you judge success, of course), <a href="https://www.protocol.com/facebook-oversight-board-rules-of-the-internet" target="_blank">its structure could allow other companies</a> such as YouTube or Twitter to spin off their own, similar oversight boards. <br></p>
The cryptocurrency effort, backed by Facebook, is now called Diem, and will initially launch a single dollar-backed coin.
<p>Stuart Levey, CEO of the Diem Association, said "the original name was tied to an early iteration of the project that received a difficult reception from regulators."</p><p>Facebook's payments unit was <a href="https://about.fb.com/news/2020/05/welcome-to-novi/" target="_blank">previously rebranded</a> from Calibra to Novi Financial.</p>
In a blog post, Facebook announced that it's acquiring the customer relationship management platform, highlighting how the company could help bolster its plans for Messenger and WhatsApp to become the future of customer service interactions.
<p>The Wall Street Journal <a href="https://www.wsj.com/articles/facebook-nears-purchase-of-startup-in-deal-that-values-it-at-1-billion-11606750196?mod=djemalertNEWS" target="_blank">earlier reported</a> that the deal could value Kustomer at over $1 billion.</p>
The chairman announced his decision to leave his post before the end of his term in a statement, saying it has "been the honor of a lifetime" to serve in that role. "To be the first Asian-American to chair the FCC has been a particular privilege," Pai wrote. "As I often say: only in America."
<p>In his statement, Pai listed what he believes are some of the agency's signature accomplishments during his tenure, including "closing the digital divide; promoting innovation and competition, from 5G on the ground to broadband from space; protecting consumers; and advancing public safety."</p><p><p style="text-align: center;"><a style="font-weight: bold;" href="/newsletters">Get daily insights from the Protocol team in your inbox
</a></p></p><p>Pai has been a controversial figure in tech circles for his decision to roll back net neutrality protections and his crackdown on subsidies to get low-income people connected to the internet. His departure comes at a time when students across the country are being left out of remote learning due to a lack of devices or internet connection or both.</p><p><div class="ad-tag"><div class="ad-place-holder" data-pos="1">
</div></p><p>While it's not unusual for agency heads to step down after a new president assumes office, Pai's five-year term wasn't set to end until July 2021. </p><p>Read <a href="https://www.protocol.com/joe-biden-possible-fcc-picks" target="_blank">more</a> about the likely candidates to take his place under President-elect Biden's administration.</p>
The cryptocurrency traded as high as $19,786.24 Monday, beating its 2017 high by about $3.
<p>Bitcoin is up more than 169% in 2020 as a whole, and the Bitcoin Bulls see even more growth to come thanks to companies like PayPal <a href="https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency" target="_blank">helping bring crypto</a> to the mainstream. All of which means the Winklevoss twins continue to be proven right, though their latest proclamation is really <em>very</em> bullish. "Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold," Tyler Winklevoss <a href="https://www.cnbc.com/2020/11/30/winklevoss-twins-say-bitcoin-will-be-the-decades-best-performing-asset-see-25x-gains-from-here.html" target="_blank">told CNBC</a> on Monday. "If it does that it has to have a market cap of $9 trillion. So we think bitcoin could price one day at $500,000 a bitcoin."</p><p><p style="text-align: center;"><a style="font-weight: bold;" href="/newsletters">Get daily insights from the Protocol team in your inbox