{"id":383924,"date":"2021-12-20T22:29:44","date_gmt":"2021-12-20T19:29:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/meta-investors-push-for-action-against-harmful-content-aimed-at-teens\/"},"modified":"2021-12-20T22:29:44","modified_gmt":"2021-12-20T19:29:44","slug":"meta-investors-push-for-action-against-harmful-content-aimed-at-teens","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/meta-investors-push-for-action-against-harmful-content-aimed-at-teens\/","title":{"rendered":"#Meta investors push for action against &#8216;harmful content&#8217; aimed at teens"},"content":{"rendered":"<p>&#8220;<strong>#Meta investors push for action against &#8216;harmful content&#8217; aimed at teens<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Meta shareholders are pushing the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and Instagram parent company to take a harder line against \u201charmful content\u201d targeted at teens on its site, as well as coronavirus-related misinformation.<\/p>\n<p>A group of shareholders slammed Meta in a letter made public on Monday, criticizing the company for profiting from unsavory posts. <\/p>\n<p>\u201cThe stream of harmful revelations has continued including allegations that the company regularly breaks pledges to remove harmful content such as advertisements of alcohol and weight loss drugs targeted to minors as young as 13 years old, depictions of animal cruelty, and misinformation on the coronavirus and the 2020 presidential election,\u201d the shareholder group wrote in a letter shared with The Post.<\/p>\n<p>\u201cFacebook has allowed militia groups that advocate violence to proliferate on its site, and its own studies reveal 32 percent of girls who feel bad about their bodies feel worse after spending time on the company\u2019s Instagram platform,\u201d the group added.\u00a0<\/p>\n<p>The letter was sent earlier this month by Harrington Investments and the Park Foundation, which are both Meta shareholders working with an activist group called the Campaign for Accountability. Meta did not immediately respond to a request for comment.\u00a0<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>The mounting shareholder pressure comes as Meta faces outrage from lawmakers and the public over damning reports about its products\u2019 effects on teen mental health. A Post investigation earlier this month showed that Instagram routinely hosts sickening images and videos that encourage eating disorders, despite the company\u2019s pledges to crack down on such content. Meta was voted the worst company of the year in a recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/meta-facebook-worst-company-of-the-year-yahoo-finance-165345819.html\">Yahoo Finance poll<\/a>.\u00a0<\/p>\n<p>The shareholders wrote in the letter shared that \u201ca lack of rigorous risk oversight and culture at the company will ultimately result in further damage to shareholder value.\u201d<\/p>\n<p>The group wants Meta to allow an outside assessment of its Audit and Risk Oversight Committee, a board set up by Meta that makes decisions about content moderation issues such as former President Donald Trump\u2019s ban from Facebook and Instagram.\u00a0<\/p>\n<p>\u201cWhether or not the audit committee has done its job \u2013 or was ever positioned to fulfill its responsibilities from the outset \u2013 remains unknown,\u201d Harrington Investments CEO John Harrington said in a statement to The Post. \u201cAn independent review of the committee\u2019s capacity and performance is of the utmost importance; failure to act puts the board\u2019s fiduciary obligation to all stakeholders, including shareowners, at escalating risk.\u201d<\/p>\n<p>\u201cFacebook\u2019s management policies are failing to keep users safe and eliminate flaws in these services,\u201d Harrington added.\u00a0<\/p>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/meta_15.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Meta logo\" class=\"wp-image-20555049\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/meta_15.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/meta_15.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/meta_15.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Meta was recently voted the worst company of the year in a Yahoo Finance poll.<\/figcaption><figcaption><span class=\"credit\">Anadolu Agency via Getty Images<\/span><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/facebook-drunk-power-01-1.jpeg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Mark Zuckerberg\" class=\"wp-image-20555098\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/facebook-drunk-power-01-1.jpeg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/facebook-drunk-power-01-1.jpeg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Mark Zuckerberg controls a large number of \u201csupervoting\u201d shares that give him majority control in any shareholder vote.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> of the shareholder letter was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.axios.com\/meta-shareholder-oversight-audit-facebook-13529117-1ff0-4abc-b604-ddb42ce8c94c.html\">first reported by Axios<\/a>.\u00a0<\/p>\n<p>Other Meta shareholders including the New York State Common Retirement Fund and Illinois State Treasurer collectively filed eight shareholder resolutions to address harms from the company\u2019s sites, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/shareholders-press-facebook-for-governance-changes-11639404002\">The Wall Street Journal reported<\/a> earlier this month. The proposals include conducting a review of risks associated with the company\u2019s metaverse push, according to the paper.\u00a0<\/p>\n<p>But efforts to change Meta from the inside can run up against a huge obstacle: Mark Zuckerberg.\u00a0<\/p>\n<p>The Meta founder and CEO controls a large number of \u201csupervoting\u201d shares that give him majority control in any shareholder vote, meaning that any internal efforts to rein him in can be vetoed by Zuckerberg himself.\u00a0\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/12\/20\/meta-investors-push-for-action-against-harmful-content-aimed-at-teens\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Meta investors push for action against &#8216;harmful content&#8217; aimed at teens&#8221; Meta shareholders are pushing the Facebook and Instagram parent company to take a harder line against \u201charmful content\u201d targeted at teens on its site, as well as coronavirus-related misinformation. A group of shareholders slammed Meta in a letter made public on Monday, criticizing the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":383925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/meta_18.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[122227,74833,4974,118029,33423,5077,33355,71129],"class_list":["post-383924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-20-21","tag-eating-disorders","tag-facebook","tag-frances-haugen","tag-instagram","tag-mark-zuckerberg","tag-silicon-valley","tag-teens"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/383924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=383924"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/383924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/383925"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=383924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=383924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=383924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}