Summary by Futu AI
Meta Platforms Inc. is facing significant scrutiny over the safety of children on its social media platforms, including Facebook and Instagram. A resolution has been filed by shareholders, led by Lisette Cooper, PhD, and supported by Proxy Impact, to be voted on at the annual meeting on May 29, 2024. The resolution calls for the Board of Directors to adopt targets and publish an annual report assessing Meta's global performance on child safety impacts and harm reduction. This follows a surge in reports of child exploitation on Meta platforms, with nearly 31 million reports in 2023, according to the National Center for Missing and Exploited Children. The company has also been criticized for its plans to implement end-to-end encryption on Messenger...Show More