Update CONTRIBUTING.md

Author: jansel

CONTRIBUTING.md

@@ -7,25 +7,28 @@ We actively welcome your pull requests.
 
 1. Fork the repo and create your branch from `main`.
 2. If you've added code that should be tested, add tests.
-3. If you've changed APIs, update the documentation.
-4. Ensure the test suite passes.
-5. Make sure your code lints.
+3. Ensure the test suite passes by running `pytest`
+4. Auto-reformat your code with [black]/[isort] by running `make format`
+5. Make sure your code lints. (`make lint` to run linters)
 6. If you haven't already, complete the Contributor License Agreement ("CLA").
 
+[black]: https://black.readthedocs.io/
+[isort]: https://pycqa.github.io/isort/
+
 ## Contributor License Agreement ("CLA")
 In order to accept your pull request, we need you to submit a CLA. You only need
-to do this once to work on any of Facebook's open source projects.
+to do this once to work on any of Meta's open source projects.
 
 Complete your CLA here: <https://code.facebook.com/cla>
 
 ## Issues
 We use GitHub issues to track public bugs. Please ensure your description is
 clear and has sufficient instructions to be able to reproduce the issue.
 
-Facebook has a [bounty program](https://www.facebook.com/whitehat/) for the safe
+Meta has a [bounty program](https://www.facebook.com/whitehat/) for the safe
 disclosure of security bugs. In those cases, please go through the process
 outlined on that page and do not file a public issue.
 
 ## License
-By contributing to torchdynamo, you agree that your contributions will be licensed
-under the LICENSE file in the root directory of this source tree.
+By contributing to TorchDynamo, you agree that your contributions will be licensed
+under the LICENSE file in the root directory of this source tree.