Facebook has spent over $ 13 billion on security since 2016

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    Facebook Inc announced Tuesday that it has invested more than $ 13 billion in security measures since 2016, days after a newspaper reported that the company failed to address “the platform’s harmful effects,” the researchers identified had.

    The social media giant said 40,000 people are now working in security, compared to 10,000 five years ago.

    Facebook downplayed the negative impact of its Instagram app on young users and responded weakly to alerts from employees about traffickers’ use of the platform in developing countries, the Wall Street Journal reported last week, citing an internal review of the company’s records.

    “In the past, we didn’t address the security challenges early enough in the product development process,” it says in a blog post. “But we have fundamentally changed this approach.”

    Facebook said its artificial intelligence technology helped it block 3 billion fake accounts in the first half of this year. The company also removed more than 20 million incorrect COVID-19 and vaccine content.

    The company said it is now removing 15 times more content that violates its hate speech standards on Facebook and its Instagram picture platform than it did when it began reporting in 2017.

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