Facebook Oversight Board Probes XCheck, Whitelisting

Facebook Inc (NASDAQ: FB) Oversight Board blogged that it reviewed the social media company's practice of maintaining separate sets of rules for high-profile users "XCheck."
The Board has also probed Facebook's rendering of selective users as immune from enforcement actions called "whitelisting." The probe follows the Wall Street Journal's report on the system.
The Oversight Board has reached out to Facebook and expects a briefing shortly.
Facebook previously told the Oversight Board that it only used the system in a small number of instances.
Separately, Facebook recently highlighted dedicating 40,000 employees and investment of over $13 billion on safety and security.
Price Action: FB shares closed higher by 0.5% at $357.48 on Tuesday.