🇦🇺

The angry emoji message at Facebook’s meeting

Credit: Reuters Studio
Published on May 31, 2019 - Duration: 01:53s

The angry emoji message at Facebook’s meeting

Protesters carrying an inflatable angry emoji greeted Facebook shareholders as they gathered for the company's annual meeting on Thursday, the latest sign of its struggle to shake off privacy scandals and rein in fake news and hate speech.

Jane Lanhee Lee reports.

Advertisement

The angry emoji message at Facebook’s meeting

Protesters brought a not so subtle message to Facebook’s annual shareholder meeting on Thursday in Menlo Park, California.

(SOUNDBITE)(English) PROGRAM DIRECTOR OF SUMOFUS, LEILA DEEN, SAYING: "We're here to deliver this angry emoji to Mark Zuckerberg because we’re concerned that Facebook is out of control." The social media giant is facing demands for reform at Thursday's meeting, including proposals that call for revamping the company's voting structure and ousting CEO Mark Zuckerberg as chairman.

But the measures have little chance of succeeding, as a dual class share structure gives Zuckerberg and other insiders control of about 58% of the votes.

Reuters correspondent Katie Paul is covering the meeting.

(SOUNDBITE)(English) REUTERS CORRESPONDENT, KATIE PAUL, SAYING: “Even though what’s happening here today is largely symbolic it’s still significant as a barometer of investor sentiment.

So last year, outside shareholders, they voted overwhelmingly for some of these proposals and that was widely seen as a rebuke to Facebook’s management.” Facebook has been under scrutiny from regulators and shareholders since it was revealed last year that data of some 87 million users had been shared with the now defunct political data firm Cambridge Analytica.

It’s also been criticized for not doing enough to clean up its platform and stop the spread of hate speech and misinformation.

Just this week, House Speaker Nancy Pelosi blasted Facebook for keeping a doctored video of her on the platform.

(SOUNDBITE)(English) U.S. SPEAKER OF THE HOUSE, NANCY PELOSI, SAYING: "I thought it was unwitting, but clearly they wittingly were accomplices and enablers of false information to go across Facebook." The video is slowed down to make Pelosi appear less alert.

The Federal Trade Commission is said to be preparing the largest civil fine ever against an American company over Facebook's alleged privacy violations.

Facebook recently announced it was setting aside up to $5 billion to cover the cost of the fine.

You are here

Recent related videos from verified sources

Cabinet arrive at 10 Downing Street 01:27
Credit: ODN - Published on September 10, 2019 

You might like