- The $280 billion fund invested in Meta and Twitter wants to boot all directors of both companies.
- It accused the company of allowing hateful material from the Buffalo shooting on their platform.
- The fund said the company marked “latest examples” of its failure to contain hate speech.
A $280 billion fund invested in Meta and Twitter seeks to fire all directors from each company’s board of directors for failures related to how disgusting content was cracked down after the Buffalo massacre.
New York State Comptroller Thomas DiNapoli, director of the New York State Common Retirement Fund, said in a regulatory document on Monday that his fund would vote against re-election of all directors in the next election. meta And Twitter The next annual meeting is all scheduled for Wednesday.
all 10 killed in mass shooting in Buffalo, New York May 14th racist attack. Of the 13 people injured or killed in the attack, 11 were black. gunslinger The attack was broadcast live on Twitch in Christchurch, New Zealand in 2019, reflecting the shooter’s attack that was broadcast live on Facebook.
Meta’s Board of Directors includes CEO Mark Zuckerberg and COO Sheryl Sandberg. Twitter’s board includes co-founder and former CEO Jack Dorsey and current CEO Parag Agrawal.
Dinapoli wrote in a document Monday that Meta and Twitter had failed to enforce safety standards after the Buffalo shooting. he quoted report Clips and screenshots from the gunslinger’s attack live stream, as well as some of the racist declarations made by the suspects, were circulated on the Meta and Twitter platforms.
DiNapoli criticized Twitter in one document, saying, “This is just the most recent example of the meta not enforcing community standards and guidelines to control the dissemination of hate speech and content that incites violence.”
“Meta’s future success is at risk as it repeatedly fails to comply with policies and relationships with people who incite violence and spread hate speech through the company’s platform,” he added.
Dinapoli said his fund held $1.1 billion in meta stock and $34.6 million in Twitter stock as of March 31.
Meta and Twitter did not immediately respond when Insiders asked for comments.