NBC chief executive Steve Burke said Williams' actions were inexcusable and jeopardised the trust he has built up with viewers during his decade as the network's lead anchor.
But he said Williams deserved a second chance.
Williams apologised last week for saying he was in a helicopter that was hit by a grenade while covering the Iraq War in 2003.
Brian Williams is taking "several days" off work as his reporting comes under investigation by NBC. Photo / AP
Instead, he was in a group of helicopters and another was hit, and some veterans involved in the mission called him out on it.
"Brian misrepresented events which occurred while he was covering the Iraq War in 2003," NBC News President Deborah Turness said in a memo.
Turness said Lester Hold would continue to substitute for Williams as anchor.
She also said the network's probe into Williams' statements was continuing.
Shortly after it happened during a reporting trip to Iraq in 2003, Williams explained on NBC that one of a group of helicopters he had been flying with had been hit by a rocket-propelled grenade.
When he appeared with Letterman a decade later, the story changed to where his helicopter had been hit, which Williams now admits is false.
It wasn't until he told the same story on Nightly News last month and veterans who had been there complained that the embellishment emerged.
In Israel in 2006, Williams explained to his news viewers that he'd been on an Israeli helicopter and saw a trail of smoke and dust where Hezbollah rockets had landed in the Israeli countryside, and described seeing rockets being launched six miles from his location.
The story became more dramatic when he appeared on The Daily Show a month later.
"Here's a view of rockets I have never seen, passing underneath us, 1500 feet beneath us," Williams said.
"And we've got the gunner doors on this thing, and I'm saying to the general, some four-star, 'It wouldn't take much for them to adjust the aim and try to do a ring toss right through our open doors, would it?"'
An Israeli army official who traveled with Williams that day, Jacob Dallal, on Tuesday called the anchor's account "generally reasonable". He said it was fair to assume rockets flew beneath their helicopter.
Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.
We will also try as much as possible to optimize your post for search engines as well.
Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.
2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.
Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.
Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to advert @ alexa. ng
Normally, we should respond within 48 hours.