Meta Platforms Inc. (META)

Index:

Nasdaq 100

$ 509.50
   
  • Change Today:
    $0.00
  • 52 Week High: $527.34
  • 52 Week Low: $283.25
  • Currency: US Dollars
  • Shares Issued: 2,211.00m
  • Volume: 699,189
  • Market Cap: $1,126,504m

Civil rights groups call for Facebook to change leadership

By Caoimhe Toman

Date: Wednesday 19 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Dozens of civil rights groups have demand a change in the leadership at Facebook to improve accountability after the recent number of scandals that have put users' information at risk.
The groups sent a letter to chief executive officer Mark Zuckerberg asking for his resignation and chief operating officer Sheryl Sandberg's from Facebook's board of directors claiming they had aided the generation of "bigotry and hatred towards vulnerable communities".

"It's become abundantly clear that, as currently constituted, your leadership team is unable to adequately address the valid concerns of the civil rights community," the letter states. "It is now time for significant changes in, not only your policies, but also your leadership structure."

"In the face of clear evidence that Facebook was being used to broadcast viral propaganda and inspire deadly bigoted campaigns, the company's leadership consistently either looked the other way, or actively worked to lobby against meaningful regulation, shifted public opinion against its allies, and personally attacked its critics," the letter states.

"Though Facebook has had significant time, opportunity and the benefit of input from experts and advocacy groups to address the problems on the platform, your company chose to target civil rights groups and our allies instead of changing the way you do business."

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META Market Data

Currency US Dollars
Share Price $ 509.50
Change Today $ 0.00
% Change 0.00 %
52 Week High $527.34
52 Week Low $283.25
Volume 699,189
Shares Issued 2,211.00m
Market Cap $1,126,504m

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