ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • What should investors do with Bajaj Auto Buyback? Anil Singhvi suggests this
  • JP Morgan bullish on global markets in H2; rejects possibility of recession, sees inflation receding in second half
  • Dalal Street Corner: Easing commodity prices, buying interest in IT, Metal help market extend gains; what should investors do on
  • PM Modi meets Joe Biden, Emmanuel Macron and Justin Trudeau at G7 Summit
  • Mahindra Scorpio-N 2022: Finally, New Scorpio is here - Price, Booking Open Date, Delivery Date, Variants, Features and more
Read in App
Business News » Companies News

Facebook to give bonus to employees fighting against spread of misinformation, hate speech on its platform

This particular change is designed to ensure that we are incentivising people to keep making progress on the major social issues facing the internet and our company," the company said in a statement.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Facebook to give bonus to employees fighting against spread of misinformation, hate speech on its platform
"Over the past two years, we`ve fundamentally changed how we run Facebook. Reuters

Facebook will now incentivise its 36,000 employees on how they are contributing to social causes and helping the company tackle issues like spread of misinformation and hate speech on its platform.

Going beyond metrics like user growth and product quality to decide on employee bonuses, the social media giant will now see how the workers reflect the company`s updated priorities for 2019, CEO Mark Zuckerberg said during a meeting at his headquarters on Tuesday, a day after Facebook celebrated its 15th anniversary.

"Previously, Facebook`s employee bonus formula was based on six factors, including user growth, increased sharing by users, and improvements in product quality.

Now the company is adjusting its bonus calculations to better reflect its updated goals," said a Fortune report.

Those updated goals include making progress on the social issues Facebook is facing, building services that improve people`s lives, supporting businesses and being more transparent about the role Facebook plays in the world.

"Over the past two years, we`ve fundamentally changed how we run Facebook.

This particular change is designed to ensure that we are incentivising people to keep making progress on the major social issues facing the internet and our company," the company said in a statement.

Zuckerberg in his New Year statement had said that his personal challenge for 2019 will be to "host a series of public discussions about the future of technology in society -- the opportunities, the challenges, the hopes, and the anxieties".

Watch This Zee Business Video

"We`ve fundamentally changed how we run our company to focus on the biggest social issues, and we`re investing more to build new and inspiring ways for people to connect," he said after Facebook on January 30 announced record revenue of $16.91 billion in the fourth quarter ending December 31.

Facebook now has a monthly active user base of 2.32 billion and daily active users base of 1.52 billion.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Facebookfake newsMark Zuckerberg
Written By: IANS
Updated: Wed, Feb 06, 2019
11:31 am
San Francisco,, IANS
RELATED NEWS
Meta to let you purchase your avatar's outfit through online store Meta to let you purchase your avatar's outfit through online store
Sheryl Sandberg resigns as COO of Facebook parent company Meta; here is what she plans to do next Sheryl Sandberg resigns as COO of Facebook parent company Meta; here is what she plans to do next
Apple's privacy features to cost Facebook $12.8 bn in 2022 Apple's privacy features to cost Facebook $12.8 bn in 2022
Meta to let creators sell virtual items in social VR app Horizon Worlds Meta to let creators sell virtual items in social VR app Horizon Worlds
Now you can share videos on Facebook Reels from 3rd-party apps directly - Here's how Now you can share videos on Facebook Reels from 3rd-party apps directly - Here's how

LATEST NEWS

47th GST Council meet: 2-day meeting begins tomorrow; compensation to states, rate rationalisation to be among top agendas

Security deposit on commercial LPG connection goes up by Rs 1050 for 19-kg cylinder; check new rates

Mahindra set to launch Mahindra Scorpio-N SUV in India today: 7 things you need to know before the launch

Where is Elon Musk as America faces biggest issues of its times

Mahindra Scorpio-N 2022: Finally, New Scorpio is here - Price, Booking Open Date, Delivery Date, Variants, Features and more

Stocks to buy- Looking for long-term investment options? Expert Vikas Sethi two stocks with strong fundamentals

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days

JP Morgan bullish on global markets in H2; rejects possibility of recession, sees inflation receding in second half

What should investors do with Bajaj Auto Buyback? Anil Singhvi suggests this

Wealth Guide: REITs, INVITs - How to make money with Real Estate and Infrastructure Investment Trusts - Expert explains

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV